This property looks like a bad Long-Term investment with a projected -5.51% first-year return on $52,479 initial cash invested.
-5.51%
Cash On Cash
6.09%
Cap Rate
0.9
DSCR
$1,948
Rent
-$241
Cashflow
Cash Flow
$1,948 income − $2,189 expenses = $241 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,948
Total Expenses
$2,189
Mortgage P&I
73%
$1,413
Property Taxes
9%
$182
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$97
Vacancy
6%
$117
Maintenance
5%
$97
Other
0%
$0