This property looks like a bad Long-Term investment with a projected -9.58% first-year return on $52,500 initial cash invested.
-9.58%
Cash On Cash
4.79%
Cap Rate
0.75
DSCR
$1,837
Rent
-$419
Cashflow
Cash Flow
$1,837 income − $2,256 expenses = $419 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,837
Total Expenses
$2,256
Mortgage P&I
72%
$1,325
Property Taxes
20%
$365
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0