This property looks like a bad Long-Term investment with a projected -12.01% first-year return on $52,941 initial cash invested.
-12.01%
Cash On Cash
4.48%
Cap Rate
0.68
DSCR
$1,883
Rent
-$530
Cashflow
Cash Flow
$1,883 income − $2,413 expenses = $530 out of pocket
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,941
Downpayment
20%
$50,420
Closing costs
1%
$2,521
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,883
Total Expenses
$2,413
Mortgage P&I
73%
$1,377
Property Taxes
21%
$387
Home Insurance
9%
$160
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0