This property looks like a bad Long-Term investment with a projected -8.18% first-year return on $49,161 initial cash invested.
-8.18%
Cash On Cash
4.82%
Cap Rate
0.79
DSCR
$1,553
Rent
-$335
Cashflow
Cash Flow
$1,553 income − $1,888 expenses = $335 out of pocket
Investment Breakdown
|
Purchase Price
$234k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,161
Downpayment
20%
$46,820
Closing costs
1%
$2,341
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,553
Total Expenses
$1,888
Mortgage P&I
77%
$1,197
Property Taxes
12%
$193
Home Insurance
6%
$94
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0