This property looks like a bad Long-Term investment with a projected -6.74% first-year return on $52,500 initial cash invested.
-6.74%
Cash On Cash
5.85%
Cap Rate
0.86
DSCR
$1,791
Rent
-$295
Cashflow
Cash Flow
$1,791 income − $2,086 expenses = $295 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.7%
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
$1,791
Total Expenses
$2,086
Mortgage P&I
80%
$1,424
Property Taxes
6%
$108
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$90
Vacancy
6%
$107
Maintenance
5%
$90
Other
0%
$0