This property looks like a bad Long-Term investment with a projected -12.52% first-year return on $49,455 initial cash invested.
-12.52%
Cash On Cash
4.37%
Cap Rate
0.66
DSCR
$1,461
Rent
-$516
Cashflow
Cash Flow
$1,461 income − $1,977 expenses = $516 out of pocket
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,455
Downpayment
20%
$47,100
Closing costs
1%
$2,355
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,461
Total Expenses
$1,977
Mortgage P&I
89%
$1,301
Property Taxes
14%
$211
Home Insurance
6%
$85
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0