This property looks like a bad Long-Term investment with a projected -11.73% first-year return on $51,744 initial cash invested.
-11.73%
Cash On Cash
4.36%
Cap Rate
0.68
DSCR
$1,647
Rent
-$506
Cashflow
Cash Flow
$1,647 income − $2,153 expenses = $506 out of pocket
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,744
Downpayment
20%
$49,280
Closing costs
1%
$2,464
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,647
Total Expenses
$2,153
Mortgage P&I
80%
$1,320
Property Taxes
20%
$325
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0