This property looks like a bad Long-Term investment with a projected -4.34% first-year return on $49,245 initial cash invested.
-4.34%
Cash On Cash
6.25%
Cap Rate
0.93
DSCR
$1,815
Rent
-$178
Cashflow
Cash Flow
$1,815 income − $1,993 expenses = $178 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,245
Downpayment
20%
$46,900
Closing costs
1%
$2,345
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,815
Total Expenses
$1,993
Mortgage P&I
72%
$1,308
Property Taxes
7%
$128
Home Insurance
5%
$84
HOA
0%
$0
Property Management
10%
$182
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0