This property looks like a bad Long-Term investment with a projected -1.12% first-year return on $52,490 initial cash invested.
-1.12%
Cash On Cash
6.55%
Cap Rate
1.04
DSCR
$1,990
Rent
-$49
Cashflow
Cash Flow
$1,990 income − $2,039 expenses = $49 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
6.9%
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
$1,990
Total Expenses
$2,039
Mortgage P&I
66%
$1,314
Property Taxes
6%
$119
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$199
CapEx
5%
$100
Vacancy
6%
$119
Maintenance
5%
$100
Other
0%
$0