This property looks like a bad Long-Term investment with a projected -2.03% first-year return on $52,500 initial cash invested.
-2.03%
Cash On Cash
6.88%
Cap Rate
1.01
DSCR
$1,980
Rent
-$89
Cashflow
Cash Flow
$1,980 income − $2,069 expenses = $89 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
$1,980
Total Expenses
$2,069
Mortgage P&I
72%
$1,424
Property Taxes
2%
$42
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0