This property looks like a bad Long-Term investment with a projected -11.05% first-year return on $52,542 initial cash invested.
-11.05%
Cash On Cash
4.57%
Cap Rate
0.71
DSCR
$1,715
Rent
-$484
Cashflow
Cash Flow
$1,715 income − $2,199 expenses = $484 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,542
Downpayment
20%
$50,040
Closing costs
1%
$2,502
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,715
Total Expenses
$2,199
Mortgage P&I
79%
$1,351
Property Taxes
18%
$310
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0