This property looks like a bad Long-Term investment with a projected -26.09% first-year return on $49,350 initial cash invested.
-26.09%
Cash On Cash
1.25%
Cap Rate
0.19
DSCR
$1,104
Rent
-$1,073
Cashflow
Cash Flow
$1,104 income − $2,177 expenses = $1,073 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,104
Total Expenses
$2,177
Mortgage P&I
114%
$1,262
Property Taxes
45%
$502
Home Insurance
7%
$82
HOA
4%
$45
Property Management
10%
$110
CapEx
5%
$55
Vacancy
6%
$66
Maintenance
5%
$55
Other
0%
$0