This property looks like a bad Long-Term investment with a projected -2.79% first-year return on $52,878 initial cash invested.
-2.79%
Cash On Cash
6.45%
Cap Rate
0.98
DSCR
$1,930
Rent
-$123
Cashflow
Cash Flow
$1,930 income − $2,053 expenses = $123 out of pocket
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,878
Downpayment
20%
$50,360
Closing costs
1%
$2,518
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,930
Total Expenses
$2,053
Mortgage P&I
72%
$1,380
Property Taxes
3%
$61
Home Insurance
5%
$89
HOA
1%
$22
Property Management
10%
$193
CapEx
5%
$96
Vacancy
6%
$116
Maintenance
5%
$96
Other
0%
$0