This property looks like a bad Long-Term investment with a projected -3.89% first-year return on $50,022 initial cash invested.
-3.89%
Cash On Cash
6.36%
Cap Rate
0.95
DSCR
$1,955
Rent
-$162
Cashflow
Cash Flow
$1,955 income − $2,117 expenses = $162 out of pocket
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,022
Downpayment
20%
$47,640
Closing costs
1%
$2,382
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,955
Total Expenses
$2,117
Mortgage P&I
68%
$1,326
Property Taxes
10%
$197
Home Insurance
4%
$85
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0