This property looks like a bad Long-Term investment with a projected -6.67% first-year return on $50,001 initial cash invested.
-6.67%
Cash On Cash
5.91%
Cap Rate
0.87
DSCR
$2,123
Rent
-$278
Cashflow
Cash Flow
$2,123 income − $2,401 expenses = $278 out of pocket
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,001
Downpayment
20%
$47,620
Closing costs
1%
$2,381
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,123
Total Expenses
$2,401
Mortgage P&I
63%
$1,345
Property Taxes
20%
$425
Home Insurance
4%
$80
HOA
0%
$0
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0