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
6.29%
Cap Rate
0.94
DSCR
$2,426
Rent
-$204
Cashflow
Cash Flow
$2,426 income − $2,630 expenses = $204 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,426
Total Expenses
$2,630
Mortgage P&I
57%
$1,393
Property Taxes
21%
$518
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$243
CapEx
5%
$121
Vacancy
6%
$146
Maintenance
5%
$121
Other
0%
$0