This property looks like a bad Long-Term investment with a projected -4.87% first-year return on $51,492 initial cash invested.
-4.87%
Cash On Cash
5.96%
Cap Rate
0.91
DSCR
$1,781
Rent
-$209
Cashflow
Cash Flow
$1,781 income − $1,990 expenses = $209 out of pocket
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,492
Downpayment
20%
$49,040
Closing costs
1%
$2,452
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,781
Total Expenses
$1,990
Mortgage P&I
75%
$1,338
Property Taxes
6%
$102
Home Insurance
5%
$87
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0