This property looks like a bad Long-Term investment with a projected -13.13% first-year return on $49,350 initial cash invested.
-13.13%
Cash On Cash
4.33%
Cap Rate
0.64
DSCR
$1,355
Rent
-$540
Cashflow
Cash Flow
$1,355 income − $1,895 expenses = $540 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,350
Downpayment
20%
$47,000
Closing costs
1%
$2,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,355
Total Expenses
$1,895
Mortgage P&I
97%
$1,319
Property Taxes
10%
$141
Home Insurance
6%
$82
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$81
Maintenance
5%
$68
Other
0%
$0