This property looks like a bad Long-Term investment with a projected -10.95% first-year return on $52,500 initial cash invested.
-10.95%
Cash On Cash
4.86%
Cap Rate
0.72
DSCR
$1,537
Rent
-$479
Cashflow
Cash Flow
$1,537 income − $2,016 expenses = $479 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
$1,537
Total Expenses
$2,016
Mortgage P&I
92%
$1,415
Property Taxes
7%
$113
Home Insurance
6%
$88
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0