This property looks like a bad Long-Term investment with a projected -11.58% first-year return on $49,203 initial cash invested.
-11.58%
Cash On Cash
4.66%
Cap Rate
0.7
DSCR
$1,719
Rent
-$475
Cashflow
Cash Flow
$1,719 income − $2,194 expenses = $475 out of pocket
Investment Breakdown
|
Purchase Price
$234k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,203
Downpayment
20%
$46,860
Closing costs
1%
$2,343
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,719
Total Expenses
$2,194
Mortgage P&I
76%
$1,298
Property Taxes
21%
$365
Home Insurance
5%
$84
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0