This property looks like a bad Long-Term investment with a projected -2.77% first-year return on $52,500 initial cash invested.
-2.77%
Cash On Cash
6.55%
Cap Rate
0.99
DSCR
$2,073
Rent
-$121
Cashflow
Cash Flow
$2,073 income − $2,194 expenses = $121 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,073
Total Expenses
$2,194
Mortgage P&I
67%
$1,381
Property Taxes
9%
$183
Home Insurance
4%
$91
HOA
0%
$0
Property Management
10%
$207
CapEx
5%
$104
Vacancy
6%
$124
Maintenance
5%
$104
Other
0%
$0