This property looks like a bad Long-Term investment with a projected -1.01% first-year return on $52,500 initial cash invested.
-1.01%
Cash On Cash
6.66%
Cap Rate
1.07
DSCR
$2,574
Rent
-$44
Cashflow
Cash Flow
$2,574 income − $2,618 expenses = $44 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
$2,574
Total Expenses
$2,618
Mortgage P&I
51%
$1,302
Property Taxes
22%
$559
Home Insurance
3%
$88
HOA
0%
$0
Property Management
10%
$257
CapEx
5%
$129
Vacancy
6%
$154
Maintenance
5%
$129
Other
0%
$0