This property looks like a bad Long-Term investment with a projected -9.97% first-year return on $52,500 initial cash invested.
-9.97%
Cash On Cash
4.78%
Cap Rate
0.74
DSCR
$1,841
Rent
-$436
Cashflow
Cash Flow
$1,841 income − $2,277 expenses = $436 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,841
Total Expenses
$2,277
Mortgage P&I
73%
$1,340
Property Taxes
20%
$371
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0