This property looks like a bad Long-Term investment with a projected -9.88% first-year return on $52,479 initial cash invested.
-9.88%
Cash On Cash
4.72%
Cap Rate
0.75
DSCR
$1,947
Rent
-$432
Cashflow
Cash Flow
$1,947 income − $2,379 expenses = $432 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,947
Total Expenses
$2,379
Mortgage P&I
68%
$1,318
Property Taxes
24%
$467
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$97
Vacancy
6%
$117
Maintenance
5%
$97
Other
0%
$0