This property looks like a bad Long-Term investment with a projected -12.02% first-year return on $52,500 initial cash invested.
-12.02%
Cash On Cash
4.52%
Cap Rate
0.69
DSCR
$2,121
Rent
-$526
Cashflow
Cash Flow
$2,121 income − $2,647 expenses = $526 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,121
Total Expenses
$2,647
Mortgage P&I
64%
$1,361
Property Taxes
29%
$609
Home Insurance
4%
$88
HOA
2%
$38
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0