This property looks like a bad Long-Term investment with a projected -11.14% first-year return on $52,458 initial cash invested.
-11.14%
Cash On Cash
4.59%
Cap Rate
0.7
DSCR
$1,501
Rent
-$487
Cashflow
Cash Flow
$1,501 income − $1,988 expenses = $487 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,458
Downpayment
20%
$49,960
Closing costs
1%
$2,498
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,501
Total Expenses
$1,988
Mortgage P&I
91%
$1,368
Property Taxes
9%
$141
Home Insurance
6%
$89
HOA
0%
$0
Property Management
10%
$150
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0