This property looks like a bad Long-Term investment with a projected -9.76% first-year return on $52,500 initial cash invested.
-9.76%
Cash On Cash
5.1%
Cap Rate
0.75
DSCR
$1,608
Rent
-$427
Cashflow
Cash Flow
$1,608 income − $2,035 expenses = $427 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
$1,608
Total Expenses
$2,035
Mortgage P&I
88%
$1,409
Property Taxes
8%
$121
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$161
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0