This property looks like a bad Long-Term investment with a projected -3.82% first-year return on $52,500 initial cash invested.
-3.82%
Cash On Cash
6.45%
Cap Rate
0.95
DSCR
$1,892
Rent
-$167
Cashflow
Cash Flow
$1,892 income − $2,059 expenses = $167 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,892
Total Expenses
$2,059
Mortgage P&I
75%
$1,416
Property Taxes
3%
$62
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0