This property looks like a bad Long-Term investment with a projected -5.12% first-year return on $49,182 initial cash invested.
-5.12%
Cash On Cash
5.98%
Cap Rate
0.91
DSCR
$1,835
Rent
-$210
Cashflow
Cash Flow
$1,835 income − $2,045 expenses = $210 out of pocket
Investment Breakdown
|
Purchase Price
$234k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,182
Downpayment
20%
$46,840
Closing costs
1%
$2,342
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,835
Total Expenses
$2,045
Mortgage P&I
70%
$1,286
Property Taxes
10%
$179
Home Insurance
6%
$102
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0