This property looks like a bad Long-Term investment with a projected -4.89% first-year return on $52,731 initial cash invested.
-4.89%
Cash On Cash
5.84%
Cap Rate
0.91
DSCR
$1,791
Rent
-$215
Cashflow
Cash Flow
$1,791 income − $2,006 expenses = $215 out of pocket
Investment Breakdown
|
Purchase Price
$251k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,731
Downpayment
20%
$50,220
Closing costs
1%
$2,511
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,791
Total Expenses
$2,006
Mortgage P&I
75%
$1,346
Property Taxes
6%
$105
Home Insurance
5%
$89
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$90
Vacancy
6%
$107
Maintenance
5%
$90
Other
0%
$0