This property looks like a bad Long-Term investment with a projected -9.95% first-year return on $52,479 initial cash invested.
-9.95%
Cash On Cash
4.89%
Cap Rate
0.74
DSCR
$1,675
Rent
-$435
Cashflow
Cash Flow
$1,675 income − $2,110 expenses = $435 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,675
Total Expenses
$2,110
Mortgage P&I
82%
$1,370
Property Taxes
13%
$216
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0