This property looks like a bad Long-Term investment with a projected -13.71% first-year return on $52,941 initial cash invested.
-13.71%
Cash On Cash
4.19%
Cap Rate
0.63
DSCR
$1,630
Rent
-$605
Cashflow
Cash Flow
$1,630 income − $2,235 expenses = $605 out of pocket
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,941
Downpayment
20%
$50,420
Closing costs
1%
$2,521
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,630
Total Expenses
$2,235
Mortgage P&I
86%
$1,403
Property Taxes
21%
$342
Home Insurance
4%
$65
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0