This property looks like a bad Long-Term investment with a projected -9.71% first-year return on $49,329 initial cash invested.
-9.71%
Cash On Cash
4.97%
Cap Rate
0.75
DSCR
$1,475
Rent
-$399
Cashflow
Cash Flow
$1,475 income − $1,874 expenses = $399 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,475
Total Expenses
$1,874
Mortgage P&I
88%
$1,298
Property Taxes
7%
$110
Home Insurance
6%
$82
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$88
Maintenance
5%
$74
Other
0%
$0