This property looks like a bad Long-Term investment with a projected -14.69% first-year return on $49,245 initial cash invested.
-14.69%
Cash On Cash
4%
Cap Rate
0.6
DSCR
$1,530
Rent
-$603
Cashflow
Cash Flow
$1,530 income − $2,133 expenses = $603 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,245
Downpayment
20%
$46,900
Closing costs
1%
$2,345
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,530
Total Expenses
$2,133
Mortgage P&I
86%
$1,309
Property Taxes
23%
$345
Home Insurance
5%
$82
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$76
Vacancy
6%
$92
Maintenance
5%
$76
Other
0%
$0