This property looks like a bad Long-Term investment with a projected -5.21% first-year return on $52,500 initial cash invested.
-5.21%
Cash On Cash
6.12%
Cap Rate
0.91
DSCR
$1,930
Rent
-$228
Cashflow
Cash Flow
$1,930 income − $2,158 expenses = $228 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
$1,930
Total Expenses
$2,158
Mortgage P&I
73%
$1,407
Property Taxes
8%
$162
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$193
CapEx
5%
$96
Vacancy
6%
$116
Maintenance
5%
$96
Other
0%
$0