This property looks like a bad Long-Term investment with a projected -17.1% first-year return on $52,500 initial cash invested.
-17.1%
Cash On Cash
3.56%
Cap Rate
0.52
DSCR
$1,484
Rent
-$748
Cashflow
Cash Flow
$1,484 income − $2,232 expenses = $748 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,484
Total Expenses
$2,232
Mortgage P&I
95%
$1,415
Property Taxes
23%
$344
Home Insurance
6%
$88
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0