This property looks like a bad Long-Term investment with a projected -0.09% first-year return on $52,164 initial cash invested.
-0.09%
Cash On Cash
7.14%
Cap Rate
1.08
DSCR
$2,360
Rent
-$4
Cashflow
Cash Flow
$2,360 income − $2,364 expenses = $4 out of pocket
Investment Breakdown
|
Purchase Price
$248k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,164
Downpayment
20%
$49,680
Closing costs
1%
$2,484
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,360
Total Expenses
$2,364
Mortgage P&I
58%
$1,364
Property Taxes
13%
$299
Home Insurance
4%
$87
HOA
0%
$0
Property Management
10%
$236
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0