This property looks like a bad Long-Term investment with a projected -11.77% first-year return on $52,206 initial cash invested.
-11.77%
Cash On Cash
4.6%
Cap Rate
0.68
DSCR
$1,466
Rent
-$512
Cashflow
Cash Flow
$1,466 income − $1,978 expenses = $512 out of pocket
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,206
Downpayment
20%
$49,720
Closing costs
1%
$2,486
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,466
Total Expenses
$1,978
Mortgage P&I
95%
$1,391
Property Taxes
8%
$118
Home Insurance
6%
$88
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0