This property looks like a bad Long-Term investment with a projected -10.08% first-year return on $52,479 initial cash invested.
-10.08%
Cash On Cash
4.68%
Cap Rate
0.74
DSCR
$1,818
Rent
-$441
Cashflow
Cash Flow
$1,818 income − $2,259 expenses = $441 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,818
Total Expenses
$2,259
Mortgage P&I
73%
$1,324
Property Taxes
21%
$374
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$182
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0