This property looks like a bad Long-Term investment with a projected -8.75% first-year return on $52,500 initial cash invested.
-8.75%
Cash On Cash
5.26%
Cap Rate
0.79
DSCR
$1,949
Rent
-$383
Cashflow
Cash Flow
$1,949 income − $2,332 expenses = $383 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,949
Total Expenses
$2,332
Mortgage P&I
71%
$1,381
Property Taxes
18%
$357
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$97
Vacancy
6%
$117
Maintenance
5%
$97
Other
0%
$0