This property looks like a bad Long-Term investment with a projected -10.01% first-year return on $52,500 initial cash invested.
-10.01%
Cash On Cash
4.75%
Cap Rate
0.73
DSCR
$1,432
Rent
-$438
Cashflow
Cash Flow
$1,432 income − $1,870 expenses = $438 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
$1,432
Total Expenses
$1,870
Mortgage P&I
95%
$1,356
Property Taxes
4%
$53
Home Insurance
6%
$88
HOA
0%
$0
Property Management
10%
$143
CapEx
5%
$72
Vacancy
6%
$86
Maintenance
5%
$72
Other
0%
$0