This property looks like a bad Long-Term investment with a projected -1.92% first-year return on $49,287 initial cash invested.
-1.92%
Cash On Cash
6.78%
Cap Rate
1.02
DSCR
$1,977
Rent
-$79
Cashflow
Cash Flow
$1,977 income − $2,056 expenses = $79 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,287
Downpayment
20%
$46,940
Closing costs
1%
$2,347
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,977
Total Expenses
$2,056
Mortgage P&I
66%
$1,306
Property Taxes
8%
$156
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0