This property looks like a bad Long-Term investment with a projected -12.1% first-year return on $52,374 initial cash invested.
-12.1%
Cash On Cash
4.6%
Cap Rate
0.68
DSCR
$1,576
Rent
-$528
Cashflow
Cash Flow
$1,576 income − $2,104 expenses = $528 out of pocket
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,374
Downpayment
20%
$49,880
Closing costs
1%
$2,494
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,576
Total Expenses
$2,104
Mortgage P&I
89%
$1,404
Property Taxes
13%
$198
Home Insurance
6%
$91
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0