This property looks like a bad Long-Term investment with a projected -8.12% first-year return on $52,490 initial cash invested.
-8.12%
Cash On Cash
5.14%
Cap Rate
0.8
DSCR
$1,842
Rent
-$355
Cashflow
Cash Flow
$1,842 income − $2,197 expenses = $355 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,490
Downpayment
20%
$49,990
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,842
Total Expenses
$2,197
Mortgage P&I
72%
$1,334
Property Taxes
16%
$296
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0