This property looks like a bad Long-Term investment with a projected -14.7% first-year return on $52,500 initial cash invested.
-14.7%
Cash On Cash
4.13%
Cap Rate
0.62
DSCR
$2,211
Rent
-$643
Cashflow
Cash Flow
$2,211 income − $2,854 expenses = $643 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
$2,211
Total Expenses
$2,854
Mortgage P&I
63%
$1,393
Property Taxes
36%
$797
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$221
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0