This property looks like a bad Long-Term investment with a projected -9.56% first-year return on $52,479 initial cash invested.
-9.56%
Cash On Cash
5.1%
Cap Rate
0.76
DSCR
$1,724
Rent
-$418
Cashflow
Cash Flow
$1,724 income − $2,142 expenses = $418 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,724
Total Expenses
$2,142
Mortgage P&I
81%
$1,395
Property Taxes
12%
$212
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0