This property looks like a bad Long-Term investment with a projected -14.47% first-year return on $50,085 initial cash invested.
-14.47%
Cash On Cash
4.08%
Cap Rate
0.6
DSCR
$1,276
Rent
-$604
Cashflow
Cash Flow
$1,276 income − $1,880 expenses = $604 out of pocket
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,085
Downpayment
20%
$47,700
Closing costs
1%
$2,385
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,276
Total Expenses
$1,880
Mortgage P&I
106%
$1,350
Property Taxes
9%
$113
Home Insurance
7%
$84
HOA
0%
$0
Property Management
10%
$128
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0