This property looks like a bad Long-Term investment with a projected -13.14% first-year return on $52,500 initial cash invested.
-13.14%
Cash On Cash
3.94%
Cap Rate
0.62
DSCR
$1,474
Rent
-$575
Cashflow
Cash Flow
$1,474 income − $2,049 expenses = $575 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
6.9%
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
$1,474
Total Expenses
$2,049
Mortgage P&I
90%
$1,322
Property Taxes
17%
$256
Home Insurance
6%
$88
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$74
Vacancy
6%
$88
Maintenance
5%
$74
Other
0%
$0