This property looks like a bad Long-Term investment with a projected -6.12% first-year return on $52,584 initial cash invested.
-6.12%
Cash On Cash
5.65%
Cap Rate
0.88
DSCR
$2,089
Rent
-$268
Cashflow
Cash Flow
$2,089 income − $2,357 expenses = $268 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,584
Downpayment
20%
$50,080
Closing costs
1%
$2,504
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,089
Total Expenses
$2,357
Mortgage P&I
64%
$1,342
Property Taxes
18%
$382
Home Insurance
4%
$91
HOA
0%
$0
Property Management
10%
$209
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0