This property looks like a bad Long-Term investment with a projected -11.89% first-year return on $52,500 initial cash invested.
-11.89%
Cash On Cash
4.46%
Cap Rate
0.67
DSCR
$1,367
Rent
-$520
Cashflow
Cash Flow
$1,367 income − $1,887 expenses = $520 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,367
Total Expenses
$1,887
Mortgage P&I
101%
$1,381
Property Taxes
5%
$63
Home Insurance
6%
$88
HOA
0%
$0
Property Management
10%
$137
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0