This property looks like a bad Long-Term investment with a projected -11.33% first-year return on $49,350 initial cash invested.
-11.33%
Cash On Cash
4.61%
Cap Rate
0.69
DSCR
$1,403
Rent
-$466
Cashflow
Cash Flow
$1,403 income − $1,869 expenses = $466 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,403
Total Expenses
$1,869
Mortgage P&I
93%
$1,298
Property Taxes
9%
$125
Home Insurance
6%
$82
HOA
0%
$0
Property Management
10%
$140
CapEx
5%
$70
Vacancy
6%
$84
Maintenance
5%
$70
Other
0%
$0