This property looks like a bad Long-Term investment with a projected -5.69% first-year return on $52,500 initial cash invested.
-5.69%
Cash On Cash
5.86%
Cap Rate
0.88
DSCR
$1,785
Rent
-$249
Cashflow
Cash Flow
$1,785 income − $2,034 expenses = $249 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
$1,785
Total Expenses
$2,034
Mortgage P&I
77%
$1,381
Property Taxes
6%
$102
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0