This property looks like a bad Long-Term investment with a projected -10.17% first-year return on $51,072 initial cash invested.
-10.17%
Cash On Cash
4.97%
Cap Rate
0.74
DSCR
$1,652
Rent
-$433
Cashflow
Cash Flow
$1,652 income − $2,085 expenses = $433 out of pocket
Investment Breakdown
|
Purchase Price
$243k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,072
Downpayment
20%
$48,640
Closing costs
1%
$2,432
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,652
Total Expenses
$2,085
Mortgage P&I
82%
$1,358
Property Taxes
13%
$211
Home Insurance
5%
$86
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0