This property looks like a bad Long-Term investment with a projected -12.44% first-year return on $50,736 initial cash invested.
-12.44%
Cash On Cash
4.5%
Cap Rate
0.67
DSCR
$1,574
Rent
-$526
Cashflow
Cash Flow
$1,574 income − $2,100 expenses = $526 out of pocket
Investment Breakdown
|
Purchase Price
$242k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,736
Downpayment
20%
$48,320
Closing costs
1%
$2,416
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,574
Total Expenses
$2,100
Mortgage P&I
86%
$1,353
Property Taxes
16%
$253
Home Insurance
5%
$85
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$79
Vacancy
6%
$94
Maintenance
5%
$79
Other
0%
$0