This property looks like a bad Long-Term investment with a projected -1.65% first-year return on $52,479 initial cash invested.
-1.65%
Cash On Cash
6.46%
Cap Rate
1.02
DSCR
$1,878
Rent
-$72
Cashflow
Cash Flow
$1,878 income − $1,950 expenses = $72 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,878
Total Expenses
$1,950
Mortgage P&I
71%
$1,324
Property Taxes
3%
$49
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0