This property looks like a bad Long-Term investment with a projected -7.36% first-year return on $49,539 initial cash invested.
-7.36%
Cash On Cash
5.46%
Cap Rate
0.83
DSCR
$1,557
Rent
-$304
Cashflow
Cash Flow
$1,557 income − $1,861 expenses = $304 out of pocket
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,539
Downpayment
20%
$47,180
Closing costs
1%
$2,359
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,557
Total Expenses
$1,861
Mortgage P&I
83%
$1,300
Property Taxes
5%
$73
Home Insurance
5%
$83
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0