This property looks like a bad Long-Term investment with a projected -9.28% first-year return on $52,479 initial cash invested.
-9.28%
Cash On Cash
4.9%
Cap Rate
0.76
DSCR
$1,694
Rent
-$406
Cashflow
Cash Flow
$1,694 income − $2,100 expenses = $406 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,694
Total Expenses
$2,100
Mortgage P&I
79%
$1,342
Property Taxes
14%
$229
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$169
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0