This property looks like a bad Long-Term investment with a projected -8.76% first-year return on $49,602 initial cash invested.
-8.76%
Cash On Cash
5.26%
Cap Rate
0.78
DSCR
$1,522
Rent
-$362
Cashflow
Cash Flow
$1,522 income − $1,884 expenses = $362 out of pocket
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,602
Downpayment
20%
$47,240
Closing costs
1%
$2,362
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,522
Total Expenses
$1,884
Mortgage P&I
87%
$1,321
Property Taxes
6%
$84
Home Insurance
6%
$84
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0