This property looks like a bad Long-Term investment with a projected -14.14% first-year return on $51,513 initial cash invested.
-14.14%
Cash On Cash
4.18%
Cap Rate
0.62
DSCR
$1,542
Rent
-$607
Cashflow
Cash Flow
$1,542 income − $2,149 expenses = $607 out of pocket
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,513
Downpayment
20%
$49,060
Closing costs
1%
$2,453
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,542
Total Expenses
$2,149
Mortgage P&I
90%
$1,384
Property Taxes
18%
$278
Home Insurance
6%
$86
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0