This property looks like a bad Long-Term investment with a projected -6.64% first-year return on $52,437 initial cash invested.
-6.64%
Cash On Cash
5.47%
Cap Rate
0.85
DSCR
$1,675
Rent
-$290
Cashflow
Cash Flow
$1,675 income − $1,965 expenses = $290 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,437
Downpayment
20%
$49,940
Closing costs
1%
$2,497
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,675
Total Expenses
$1,965
Mortgage P&I
80%
$1,345
Property Taxes
6%
$95
Home Insurance
5%
$89
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0