This property looks like a bad Long-Term investment with a projected -9.07% first-year return on $52,794 initial cash invested.
-9.07%
Cash On Cash
5.26%
Cap Rate
0.78
DSCR
$1,886
Rent
-$399
Cashflow
Cash Flow
$1,886 income − $2,285 expenses = $399 out of pocket
Investment Breakdown
|
Purchase Price
$251k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,794
Downpayment
20%
$50,280
Closing costs
1%
$2,514
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,886
Total Expenses
$2,285
Mortgage P&I
75%
$1,406
Property Taxes
16%
$301
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0