This property looks like a bad Long-Term investment with a projected -5.42% first-year return on $52,479 initial cash invested.
-5.42%
Cash On Cash
5.94%
Cap Rate
0.89
DSCR
$1,769
Rent
-$237
Cashflow
Cash Flow
$1,769 income − $2,006 expenses = $237 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,769
Total Expenses
$2,006
Mortgage P&I
78%
$1,385
Property Taxes
3%
$61
Home Insurance
5%
$88
HOA
1%
$13
Property Management
10%
$177
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0