This property looks like a bad Long-Term investment with a projected -5.02% first-year return on $52,563 initial cash invested.
-5.02%
Cash On Cash
5.58%
Cap Rate
0.89
DSCR
$1,586
Rent
-$220
Cashflow
Cash Flow
$1,586 income − $1,806 expenses = $220 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,563
Downpayment
20%
$50,060
Closing costs
1%
$2,503
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,586
Total Expenses
$1,806
Mortgage P&I
82%
$1,304
Property Taxes
0%
$1
Home Insurance
6%
$89
HOA
0%
$0
Property Management
10%
$159
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0