This property looks like a bad Long-Term investment with a projected -21.02% first-year return on $52,395 initial cash invested.
-21.02%
Cash On Cash
2.34%
Cap Rate
0.36
DSCR
$1,007
Rent
-$918
Cashflow
Cash Flow
$1,007 income − $1,925 expenses = $918 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,395
Downpayment
20%
$49,900
Closing costs
1%
$2,495
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,007
Total Expenses
$1,925
Mortgage P&I
134%
$1,354
Property Taxes
22%
$223
Home Insurance
9%
$87
HOA
0%
$0
Property Management
10%
$101
CapEx
5%
$50
Vacancy
6%
$60
Maintenance
5%
$50
Other
0%
$0