This property looks like a bad Long-Term investment with a projected -16.46% first-year return on $52,500 initial cash invested.
-16.46%
Cash On Cash
3.54%
Cap Rate
0.53
DSCR
$1,151
Rent
-$720
Cashflow
Cash Flow
$1,151 income − $1,871 expenses = $720 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,151
Total Expenses
$1,871
Mortgage P&I
122%
$1,400
Property Taxes
7%
$83
Home Insurance
8%
$88
HOA
0%
$0
Property Management
10%
$115
CapEx
5%
$58
Vacancy
6%
$69
Maintenance
5%
$58
Other
0%
$0