This property looks like a bad Long-Term investment with a projected -12.98% first-year return on $50,379 initial cash invested.
-12.98%
Cash On Cash
4.37%
Cap Rate
0.65
DSCR
$1,424
Rent
-$545
Cashflow
Cash Flow
$1,424 income − $1,969 expenses = $545 out of pocket
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,379
Downpayment
20%
$47,980
Closing costs
1%
$2,399
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,424
Total Expenses
$1,969
Mortgage P&I
95%
$1,347
Property Taxes
12%
$169
Home Insurance
6%
$84
HOA
0%
$0
Property Management
10%
$142
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0