This property looks like a bad Long-Term investment with a projected -8.17% first-year return on $49,329 initial cash invested.
-8.17%
Cash On Cash
5.42%
Cap Rate
0.81
DSCR
$1,639
Rent
-$336
Cashflow
Cash Flow
$1,639 income − $1,975 expenses = $336 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,329
Downpayment
20%
$46,980
Closing costs
1%
$2,349
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,639
Total Expenses
$1,975
Mortgage P&I
80%
$1,315
Property Taxes
9%
$152
Home Insurance
5%
$82
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0