This property looks like a bad Long-Term investment with a projected -14.54% first-year return on $52,500 initial cash invested.
-14.54%
Cash On Cash
4.2%
Cap Rate
0.61
DSCR
$1,589
Rent
-$636
Cashflow
Cash Flow
$1,589 income − $2,225 expenses = $636 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.8%
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
$1,589
Total Expenses
$2,225
Mortgage P&I
90%
$1,433
Property Taxes
18%
$292
Home Insurance
6%
$88
HOA
0%
$0
Property Management
10%
$159
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0