This property looks like a bad Long-Term investment with a projected -13.65% first-year return on $49,329 initial cash invested.
-13.65%
Cash On Cash
4.27%
Cap Rate
0.64
DSCR
$1,641
Rent
-$561
Cashflow
Cash Flow
$1,641 income − $2,202 expenses = $561 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,641
Total Expenses
$2,202
Mortgage P&I
80%
$1,314
Property Taxes
23%
$380
Home Insurance
5%
$82
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0