This property looks like a bad Long-Term investment with a projected -0.16% first-year return on $51,597 initial cash invested.
-0.16%
Cash On Cash
7.03%
Cap Rate
1.07
DSCR
$2,092
Rent
-$7
Cashflow
Cash Flow
$2,092 income − $2,099 expenses = $7 out of pocket
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,597
Downpayment
20%
$49,140
Closing costs
1%
$2,457
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,092
Total Expenses
$2,099
Mortgage P&I
64%
$1,341
Property Taxes
6%
$124
Home Insurance
4%
$89
HOA
0%
$0
Property Management
10%
$209
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0