This property looks like a bad Long-Term investment with a projected -10.11% first-year return on $51,891 initial cash invested.
-10.11%
Cash On Cash
4.76%
Cap Rate
0.74
DSCR
$1,699
Rent
-$437
Cashflow
Cash Flow
$1,699 income − $2,136 expenses = $437 out of pocket
Investment Breakdown
|
Purchase Price
$247k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,891
Downpayment
20%
$49,420
Closing costs
1%
$2,471
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,699
Total Expenses
$2,136
Mortgage P&I
78%
$1,332
Property Taxes
16%
$280
Home Insurance
5%
$82
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0