This property looks like a bad Long-Term investment with a projected -10.28% first-year return on $52,080 initial cash invested.
-10.28%
Cash On Cash
5.1%
Cap Rate
0.75
DSCR
$1,777
Rent
-$446
Cashflow
Cash Flow
$1,777 income − $2,223 expenses = $446 out of pocket
Investment Breakdown
|
Purchase Price
$248k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,080
Downpayment
20%
$49,600
Closing costs
1%
$2,480
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,777
Total Expenses
$2,223
Mortgage P&I
79%
$1,412
Property Taxes
13%
$236
Home Insurance
5%
$87
HOA
1%
$25
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0