This property looks like a bad Long-Term investment with a projected -11.87% first-year return on $49,350 initial cash invested.
-11.87%
Cash On Cash
4.38%
Cap Rate
0.67
DSCR
$1,406
Rent
-$488
Cashflow
Cash Flow
$1,406 income − $1,894 expenses = $488 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,406
Total Expenses
$1,894
Mortgage P&I
91%
$1,276
Property Taxes
12%
$171
Home Insurance
6%
$82
HOA
0%
$0
Property Management
10%
$141
CapEx
5%
$70
Vacancy
6%
$84
Maintenance
5%
$70
Other
0%
$0