This property looks like a bad Long-Term investment with a projected -6.49% first-year return on $52,479 initial cash invested.
-6.49%
Cash On Cash
5.76%
Cap Rate
0.86
DSCR
$1,811
Rent
-$284
Cashflow
Cash Flow
$1,811 income − $2,095 expenses = $284 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
$1,811
Total Expenses
$2,095
Mortgage P&I
77%
$1,392
Property Taxes
8%
$143
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0