This property looks like a bad Long-Term investment with a projected -12.32% first-year return on $50,253 initial cash invested.
-12.32%
Cash On Cash
4.45%
Cap Rate
0.67
DSCR
$1,489
Rent
-$516
Cashflow
Cash Flow
$1,489 income − $2,005 expenses = $516 out of pocket
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,253
Downpayment
20%
$47,860
Closing costs
1%
$2,393
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,489
Total Expenses
$2,005
Mortgage P&I
89%
$1,329
Property Taxes
14%
$204
Home Insurance
6%
$86
HOA
0%
$0
Property Management
10%
$149
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0