This property looks like a bad Long-Term investment with a projected -9.04% first-year return on $51,744 initial cash invested.
-9.04%
Cash On Cash
5.26%
Cap Rate
0.78
DSCR
$1,706
Rent
-$390
Cashflow
Cash Flow
$1,706 income − $2,096 expenses = $390 out of pocket
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,744
Downpayment
20%
$49,280
Closing costs
1%
$2,464
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,706
Total Expenses
$2,096
Mortgage P&I
81%
$1,385
Property Taxes
10%
$168
Home Insurance
5%
$88
HOA
1%
$12
Property Management
10%
$171
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0