This property looks like a bad Long-Term investment with a projected -8.75% first-year return on $52,500 initial cash invested.
-8.75%
Cash On Cash
4.94%
Cap Rate
0.77
DSCR
$1,457
Rent
-$383
Cashflow
Cash Flow
$1,457 income − $1,840 expenses = $383 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,457
Total Expenses
$1,840
Mortgage P&I
92%
$1,339
Property Taxes
2%
$34
Home Insurance
6%
$88
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$87
Maintenance
5%
$73
Other
0%
$0