This property looks like a bad Long-Term investment with a projected -17.63% first-year return on $49,350 initial cash invested.
-17.63%
Cash On Cash
3.28%
Cap Rate
0.49
DSCR
$1,196
Rent
-$725
Cashflow
Cash Flow
$1,196 income − $1,921 expenses = $725 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,350
Downpayment
20%
$47,000
Closing costs
1%
$2,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,196
Total Expenses
$1,921
Mortgage P&I
109%
$1,307
Property Taxes
18%
$220
Home Insurance
7%
$82
HOA
0%
$0
Property Management
10%
$120
CapEx
5%
$60
Vacancy
6%
$72
Maintenance
5%
$60
Other
0%
$0