This property looks like a bad Long-Term investment with a projected -14.65% first-year return on $52,500 initial cash invested.
-14.65%
Cash On Cash
3.69%
Cap Rate
0.57
DSCR
$1,437
Rent
-$641
Cashflow
Cash Flow
$1,437 income − $2,078 expenses = $641 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,437
Total Expenses
$2,078
Mortgage P&I
93%
$1,337
Property Taxes
18%
$260
Home Insurance
6%
$88
HOA
1%
$19
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$86
Maintenance
5%
$72
Other
0%
$0