This property looks like a bad Long-Term investment with a projected -3.77% first-year return on $52,500 initial cash invested.
-3.77%
Cash On Cash
6.47%
Cap Rate
0.96
DSCR
$2,051
Rent
-$165
Cashflow
Cash Flow
$2,051 income − $2,216 expenses = $165 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
$2,051
Total Expenses
$2,216
Mortgage P&I
69%
$1,409
Property Taxes
9%
$185
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0