This property looks like a bad Long-Term investment with a projected -10.47% first-year return on $52,500 initial cash invested.
-10.47%
Cash On Cash
4.95%
Cap Rate
0.73
DSCR
$1,467
Rent
-$458
Cashflow
Cash Flow
$1,467 income − $1,925 expenses = $458 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,467
Total Expenses
$1,925
Mortgage P&I
97%
$1,416
Property Taxes
3%
$40
Home Insurance
6%
$88
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0