This property looks like a bad Long-Term investment with a projected -10.01% first-year return on $52,290 initial cash invested.
-10.01%
Cash On Cash
4.93%
Cap Rate
0.74
DSCR
$1,578
Rent
-$436
Cashflow
Cash Flow
$1,578 income − $2,014 expenses = $436 out of pocket
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,290
Downpayment
20%
$49,800
Closing costs
1%
$2,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,578
Total Expenses
$2,014
Mortgage P&I
87%
$1,379
Property Taxes
9%
$137
Home Insurance
6%
$87
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0