This property looks like a bad Long-Term investment with a projected -2.74% first-year return on $52,500 initial cash invested.
-2.74%
Cash On Cash
6.7%
Cap Rate
1
DSCR
$2,339
Rent
-$120
Cashflow
Cash Flow
$2,339 income − $2,459 expenses = $120 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
$2,339
Total Expenses
$2,459
Mortgage P&I
60%
$1,398
Property Taxes
16%
$365
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0