This property looks like a bad Long-Term investment with a projected -7.82% first-year return on $52,500 initial cash invested.
-7.82%
Cash On Cash
5.39%
Cap Rate
0.81
DSCR
$1,712
Rent
-$342
Cashflow
Cash Flow
$1,712 income − $2,054 expenses = $342 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,712
Total Expenses
$2,054
Mortgage P&I
80%
$1,378
Property Taxes
8%
$142
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$171
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0