This property looks like a bad Long-Term investment with a projected -1.78% first-year return on $52,500 initial cash invested.
-1.78%
Cash On Cash
6.36%
Cap Rate
1.02
DSCR
$1,989
Rent
-$78
Cashflow
Cash Flow
$1,989 income − $2,067 expenses = $78 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,989
Total Expenses
$2,067
Mortgage P&I
66%
$1,305
Property Taxes
7%
$133
Home Insurance
4%
$88
HOA
1%
$25
Property Management
10%
$199
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0