This property looks like a bad Long-Term investment with a projected -17.39% first-year return on $52,500 initial cash invested.
-17.39%
Cash On Cash
3.31%
Cap Rate
0.51
DSCR
$1,739
Rent
-$761
Cashflow
Cash Flow
$1,739 income − $2,500 expenses = $761 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,739
Total Expenses
$2,500
Mortgage P&I
78%
$1,364
Property Taxes
34%
$596
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0