This property looks like a bad Long-Term investment with a projected -1.17% first-year return on $52,500 initial cash invested.
-1.17%
Cash On Cash
6.37%
Cap Rate
1.03
DSCR
$1,876
Rent
-$51
Cashflow
Cash Flow
$1,876 income − $1,927 expenses = $51 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
6.7%
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
$1,876
Total Expenses
$1,927
Mortgage P&I
69%
$1,285
Property Taxes
3%
$65
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0