This property looks like a bad Long-Term investment with a projected -6.65% first-year return on $52,479 initial cash invested.
-6.65%
Cash On Cash
5.64%
Cap Rate
0.87
DSCR
$2,352
Rent
-$291
Cashflow
Cash Flow
$2,352 income − $2,643 expenses = $291 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,352
Total Expenses
$2,643
Mortgage P&I
57%
$1,347
Property Taxes
25%
$596
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$235
CapEx
5%
$118
Vacancy
6%
$141
Maintenance
5%
$118
Other
0%
$0