This property looks like a bad Long-Term investment with a projected -9.85% first-year return on $52,290 initial cash invested.
-9.85%
Cash On Cash
4.88%
Cap Rate
0.75
DSCR
$1,749
Rent
-$429
Cashflow
Cash Flow
$1,749 income − $2,178 expenses = $429 out of pocket
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,290
Downpayment
20%
$49,800
Closing costs
1%
$2,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,749
Total Expenses
$2,178
Mortgage P&I
77%
$1,355
Property Taxes
16%
$282
Home Insurance
5%
$87
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0