This property looks like a bad Long-Term investment with a projected -4.66% first-year return on $52,500 initial cash invested.
-4.66%
Cash On Cash
6.1%
Cap Rate
0.92
DSCR
$1,854
Rent
-$204
Cashflow
Cash Flow
$1,854 income − $2,058 expenses = $204 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
$1,854
Total Expenses
$2,058
Mortgage P&I
74%
$1,381
Property Taxes
6%
$107
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0