This property looks like a bad Long-Term investment with a projected -5.19% first-year return on $52,479 initial cash invested.
-5.19%
Cash On Cash
6.11%
Cap Rate
0.91
DSCR
$1,918
Rent
-$227
Cashflow
Cash Flow
$1,918 income − $2,145 expenses = $227 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,918
Total Expenses
$2,145
Mortgage P&I
73%
$1,404
Property Taxes
8%
$154
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$192
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0