This property looks like a bad Long-Term investment with a projected -7.39% first-year return on $52,593 initial cash invested.
-7.39%
Cash On Cash
5.58%
Cap Rate
0.83
DSCR
$1,700
Rent
-$324
Cashflow
Cash Flow
$1,700 income − $2,024 expenses = $324 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,593
Downpayment
20%
$50,089
Closing costs
1%
$2,504
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,700
Total Expenses
$2,024
Mortgage P&I
83%
$1,403
Property Taxes
5%
$91
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0