This property looks like a bad Long-Term investment with a projected -11.3% first-year return on $52,878 initial cash invested.
-11.3%
Cash On Cash
4.04%
Cap Rate
0.66
DSCR
$1,337
Rent
-$498
Cashflow
Cash Flow
$1,337 income − $1,835 expenses = $498 out of pocket
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,878
Downpayment
20%
$50,360
Closing costs
1%
$2,518
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,337
Total Expenses
$1,835
Mortgage P&I
96%
$1,279
Property Taxes
9%
$119
Home Insurance
7%
$89
HOA
0%
$0
Property Management
10%
$134
CapEx
5%
$67
Vacancy
6%
$80
Maintenance
5%
$67
Other
0%
$0