This property looks like a bad Long-Term investment with a projected -7.66% first-year return on $49,371 initial cash invested.
-7.66%
Cash On Cash
5.58%
Cap Rate
0.82
DSCR
$1,537
Rent
-$315
Cashflow
Cash Flow
$1,537 income − $1,852 expenses = $315 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,371
Downpayment
20%
$47,020
Closing costs
1%
$2,351
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,537
Total Expenses
$1,852
Mortgage P&I
87%
$1,331
Property Taxes
2%
$30
Home Insurance
6%
$87
HOA
0%
$4
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0