This property looks like a bad Long-Term investment with a projected -1.03% first-year return on $52,521 initial cash invested.
-1.03%
Cash On Cash
6.81%
Cap Rate
1.04
DSCR
$1,991
Rent
-$45
Cashflow
Cash Flow
$1,991 income − $2,036 expenses = $45 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,521
Downpayment
20%
$50,020
Closing costs
1%
$2,501
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,991
Total Expenses
$2,036
Mortgage P&I
69%
$1,365
Property Taxes
3%
$66
Home Insurance
4%
$87
HOA
0%
$0
Property Management
10%
$199
CapEx
5%
$100
Vacancy
6%
$119
Maintenance
5%
$100
Other
0%
$0