This property looks like a bad Long-Term investment with a projected -7.75% first-year return on $52,500 initial cash invested.
-7.75%
Cash On Cash
5.52%
Cap Rate
0.83
DSCR
$1,951
Rent
-$339
Cashflow
Cash Flow
$1,951 income − $2,290 expenses = $339 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
$1,951
Total Expenses
$2,290
Mortgage P&I
71%
$1,390
Property Taxes
16%
$304
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0