This property looks like a bad Long-Term investment with a projected -11.34% first-year return on $53,025 initial cash invested.
-11.34%
Cash On Cash
4.44%
Cap Rate
0.69
DSCR
$1,732
Rent
-$501
Cashflow
Cash Flow
$1,732 income − $2,233 expenses = $501 out of pocket
Investment Breakdown
|
Purchase Price
$253k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,025
Downpayment
20%
$50,500
Closing costs
1%
$2,525
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,732
Total Expenses
$2,233
Mortgage P&I
78%
$1,348
Property Taxes
20%
$343
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0