This property looks like a bad Long-Term investment with a projected -8.56% first-year return on $49,350 initial cash invested.
-8.56%
Cash On Cash
5.4%
Cap Rate
0.8
DSCR
$1,684
Rent
-$352
Cashflow
Cash Flow
$1,684 income − $2,036 expenses = $352 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,684
Total Expenses
$2,036
Mortgage P&I
79%
$1,325
Property Taxes
11%
$192
Home Insurance
5%
$82
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0