This property looks like a bad Long-Term investment with a projected -7.23% first-year return on $52,941 initial cash invested.
-7.23%
Cash On Cash
5.02%
Cap Rate
0.82
DSCR
$1,889
Rent
-$319
Cashflow
Cash Flow
$1,889 income − $2,208 expenses = $319 out of pocket
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,941
Downpayment
20%
$50,420
Closing costs
1%
$2,521
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,889
Total Expenses
$2,208
Mortgage P&I
68%
$1,280
Property Taxes
17%
$319
Home Insurance
6%
$119
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0