This property looks like a bad Long-Term investment with a projected -9.42% first-year return on $52,500 initial cash invested.
-9.42%
Cash On Cash
4.99%
Cap Rate
0.76
DSCR
$1,773
Rent
-$412
Cashflow
Cash Flow
$1,773 income − $2,185 expenses = $412 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,773
Total Expenses
$2,185
Mortgage P&I
77%
$1,362
Property Taxes
15%
$274
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$89
Vacancy
6%
$106
Maintenance
5%
$89
Other
0%
$0