This property looks like a bad Long-Term investment with a projected -9.84% first-year return on $52,815 initial cash invested.
-9.84%
Cash On Cash
4.59%
Cap Rate
0.73
DSCR
$1,488
Rent
-$433
Cashflow
Cash Flow
$1,488 income − $1,921 expenses = $433 out of pocket
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,815
Downpayment
20%
$50,300
Closing costs
1%
$2,515
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,488
Total Expenses
$1,921
Mortgage P&I
89%
$1,321
Property Taxes
8%
$125
Home Insurance
6%
$89
HOA
0%
$0
Property Management
10%
$149
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0