This property looks like a bad Long-Term investment with a projected -12.55% first-year return on $50,379 initial cash invested.
-12.55%
Cash On Cash
4.33%
Cap Rate
0.65
DSCR
$1,326
Rent
-$527
Cashflow
Cash Flow
$1,326 income − $1,853 expenses = $527 out of pocket
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,379
Downpayment
20%
$47,980
Closing costs
1%
$2,399
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,326
Total Expenses
$1,853
Mortgage P&I
100%
$1,326
Property Taxes
7%
$98
Home Insurance
6%
$84
HOA
0%
$0
Property Management
10%
$133
CapEx
5%
$66
Vacancy
6%
$80
Maintenance
5%
$66
Other
0%
$0