This property looks like a bad Long-Term investment with a projected -12.67% first-year return on $51,345 initial cash invested.
-12.67%
Cash On Cash
4.52%
Cap Rate
0.67
DSCR
$1,748
Rent
-$542
Cashflow
Cash Flow
$1,748 income − $2,290 expenses = $542 out of pocket
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,345
Downpayment
20%
$48,900
Closing costs
1%
$2,445
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,748
Total Expenses
$2,290
Mortgage P&I
79%
$1,376
Property Taxes
21%
$372
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0