This property looks like a bad Long-Term investment with a projected -9.86% first-year return on $52,836 initial cash invested.
-9.86%
Cash On Cash
4.39%
Cap Rate
0.72
DSCR
$1,459
Rent
-$434
Cashflow
Cash Flow
$1,459 income − $1,893 expenses = $434 out of pocket
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,836
Downpayment
20%
$50,320
Closing costs
1%
$2,516
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,459
Total Expenses
$1,893
Mortgage P&I
88%
$1,281
Property Taxes
10%
$139
Home Insurance
6%
$93
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0