This property looks like a bad Long-Term investment with a projected -7.49% first-year return on $49,329 initial cash invested.
-7.49%
Cash On Cash
5.52%
Cap Rate
0.83
DSCR
$1,704
Rent
-$308
Cashflow
Cash Flow
$1,704 income − $2,012 expenses = $308 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,329
Downpayment
20%
$46,980
Closing costs
1%
$2,349
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,704
Total Expenses
$2,012
Mortgage P&I
76%
$1,303
Property Taxes
11%
$185
Home Insurance
5%
$82
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0