This property looks like a bad Long-Term investment with a projected -9.58% first-year return on $52,479 initial cash invested.
-9.58%
Cash On Cash
4.87%
Cap Rate
0.75
DSCR
$1,625
Rent
-$419
Cashflow
Cash Flow
$1,625 income − $2,044 expenses = $419 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,625
Total Expenses
$2,044
Mortgage P&I
83%
$1,353
Property Taxes
11%
$181
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$162
CapEx
5%
$81
Vacancy
6%
$98
Maintenance
5%
$81
Other
0%
$0