This property looks like a bad Long-Term investment with a projected -13.18% first-year return on $52,164 initial cash invested.
-13.18%
Cash On Cash
3.87%
Cap Rate
0.63
DSCR
$1,972
Rent
-$573
Cashflow
Cash Flow
$1,972 income − $2,545 expenses = $573 out of pocket
Investment Breakdown
|
Purchase Price
$248k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,164
Downpayment
20%
$49,680
Closing costs
1%
$2,484
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,972
Total Expenses
$2,545
Mortgage P&I
65%
$1,275
Property Taxes
32%
$635
Home Insurance
4%
$88
HOA
2%
$34
Property Management
10%
$197
CapEx
5%
$99
Vacancy
6%
$118
Maintenance
5%
$99
Other
0%
$0