This property looks like a bad Long-Term investment with a projected -6.36% first-year return on $52,479 initial cash invested.
-6.36%
Cash On Cash
5.55%
Cap Rate
0.86
DSCR
$1,823
Rent
-$278
Cashflow
Cash Flow
$1,823 income − $2,101 expenses = $278 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
$1,823
Total Expenses
$2,101
Mortgage P&I
74%
$1,342
Property Taxes
11%
$198
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$182
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0