This property looks like a bad Long-Term investment with a projected -19.02% first-year return on $52,496 initial cash invested.
-19.02%
Cash On Cash
2.89%
Cap Rate
0.44
DSCR
$1,238
Rent
-$832
Cashflow
Cash Flow
$1,238 income − $2,070 expenses = $832 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,496
Downpayment
20%
$49,996
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,238
Total Expenses
$2,070
Mortgage P&I
111%
$1,373
Property Taxes
23%
$287
Home Insurance
7%
$88
HOA
0%
$0
Property Management
10%
$124
CapEx
5%
$62
Vacancy
6%
$74
Maintenance
5%
$62
Other
0%
$0