This property looks like a bad Long-Term investment with a projected -2.44% first-year return on $50,106 initial cash invested.
-2.44%
Cash On Cash
6.53%
Cap Rate
1
DSCR
$1,985
Rent
-$102
Cashflow
Cash Flow
$1,985 income − $2,087 expenses = $102 out of pocket
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,106
Downpayment
20%
$47,720
Closing costs
1%
$2,386
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,985
Total Expenses
$2,087
Mortgage P&I
66%
$1,302
Property Taxes
8%
$150
Home Insurance
6%
$120
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0