This property looks like a bad Long-Term investment with a projected -12.89% first-year return on $52,311 initial cash invested.
-12.89%
Cash On Cash
4.44%
Cap Rate
0.65
DSCR
$1,367
Rent
-$562
Cashflow
Cash Flow
$1,367 income − $1,929 expenses = $562 out of pocket
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,311
Downpayment
20%
$49,820
Closing costs
1%
$2,491
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,367
Total Expenses
$1,929
Mortgage P&I
104%
$1,416
Property Taxes
5%
$74
Home Insurance
6%
$84
HOA
0%
$0
Property Management
10%
$137
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0