This property looks like a bad Long-Term investment with a projected -12.1% first-year return on $50,190 initial cash invested.
-12.1%
Cash On Cash
4.47%
Cap Rate
0.68
DSCR
$1,849
Rent
-$506
Cashflow
Cash Flow
$1,849 income − $2,355 expenses = $506 out of pocket
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,190
Downpayment
20%
$47,800
Closing costs
1%
$2,390
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,849
Total Expenses
$2,355
Mortgage P&I
71%
$1,304
Property Taxes
26%
$487
Home Insurance
5%
$84
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0