This property looks like a bad Long-Term investment with a projected -13% first-year return on $49,749 initial cash invested.
-13%
Cash On Cash
4.5%
Cap Rate
0.66
DSCR
$1,727
Rent
-$539
Cashflow
Cash Flow
$1,727 income − $2,266 expenses = $539 out of pocket
Investment Breakdown
|
Purchase Price
$237k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,749
Downpayment
20%
$47,380
Closing costs
1%
$2,369
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,727
Total Expenses
$2,266
Mortgage P&I
78%
$1,341
Property Taxes
22%
$385
Home Insurance
5%
$83
HOA
0%
$8
Property Management
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0