This property looks like a bad Long-Term investment with a projected -6.45% first-year return on $52,479 initial cash invested.
-6.45%
Cash On Cash
5.63%
Cap Rate
0.86
DSCR
$1,943
Rent
-$282
Cashflow
Cash Flow
$1,943 income − $2,225 expenses = $282 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,943
Total Expenses
$2,225
Mortgage P&I
70%
$1,358
Property Taxes
14%
$268
Home Insurance
5%
$94
HOA
0%
$0
Property Management
10%
$194
CapEx
5%
$97
Vacancy
6%
$117
Maintenance
5%
$97
Other
0%
$0