This property looks like a bad Long-Term investment with a projected -3.14% first-year return on $50,106 initial cash invested.
-3.14%
Cash On Cash
6.49%
Cap Rate
0.97
DSCR
$1,855
Rent
-$131
Cashflow
Cash Flow
$1,855 income − $1,986 expenses = $131 out of pocket
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,106
Downpayment
20%
$47,720
Closing costs
1%
$2,386
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,855
Total Expenses
$1,986
Mortgage P&I
72%
$1,328
Property Taxes
5%
$89
Home Insurance
5%
$86
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0