This property looks like a bad Long-Term investment with a projected -5.18% first-year return on $52,857 initial cash invested.
-5.18%
Cash On Cash
5.81%
Cap Rate
0.91
DSCR
$2,041
Rent
-$228
Cashflow
Cash Flow
$2,041 income − $2,269 expenses = $228 out of pocket
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,857
Downpayment
20%
$50,340
Closing costs
1%
$2,517
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,041
Total Expenses
$2,269
Mortgage P&I
66%
$1,344
Property Taxes
15%
$297
Home Insurance
5%
$98
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0