This property looks like a bad Long-Term investment with a projected -7.14% first-year return on $52,248 initial cash invested.
-7.14%
Cash On Cash
5.45%
Cap Rate
0.83
DSCR
$1,671
Rent
-$311
Cashflow
Cash Flow
$1,671 income − $1,982 expenses = $311 out of pocket
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,248
Downpayment
20%
$49,760
Closing costs
1%
$2,488
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,671
Total Expenses
$1,982
Mortgage P&I
81%
$1,358
Property Taxes
6%
$101
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0