This property looks like a bad Long-Term investment with a projected -4.04% first-year return on $52,605 initial cash invested.
-4.04%
Cash On Cash
5.74%
Cap Rate
0.94
DSCR
$1,907
Rent
-$177
Cashflow
Cash Flow
$1,907 income − $2,084 expenses = $177 out of pocket
Investment Breakdown
|
Purchase Price
$251k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,605
Downpayment
20%
$50,100
Closing costs
1%
$2,505
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,907
Total Expenses
$2,084
Mortgage P&I
67%
$1,281
Property Taxes
11%
$217
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$191
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0