This property looks like a bad Long-Term investment with a projected -9.12% first-year return on $49,350 initial cash invested.
-9.12%
Cash On Cash
4.97%
Cap Rate
0.76
DSCR
$1,469
Rent
-$375
Cashflow
Cash Flow
$1,469 income − $1,844 expenses = $375 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,469
Total Expenses
$1,844
Mortgage P&I
87%
$1,276
Property Taxes
7%
$105
Home Insurance
6%
$82
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0