This property looks like a bad Long-Term investment with a projected -6.83% first-year return on $52,500 initial cash invested.
-6.83%
Cash On Cash
5.57%
Cap Rate
0.85
DSCR
$1,834
Rent
-$299
Cashflow
Cash Flow
$1,834 income − $2,133 expenses = $299 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,834
Total Expenses
$2,133
Mortgage P&I
75%
$1,367
Property Taxes
11%
$201
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0