This property looks like a bad Long-Term investment with a projected -10.93% first-year return on $52,479 initial cash invested.
-10.93%
Cash On Cash
4.92%
Cap Rate
0.73
DSCR
$1,974
Rent
-$478
Cashflow
Cash Flow
$1,974 income − $2,452 expenses = $478 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
$1,974
Total Expenses
$2,452
Mortgage P&I
71%
$1,403
Property Taxes
23%
$448
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$99
Vacancy
6%
$118
Maintenance
5%
$99
Other
0%
$0