This property looks like a bad Long-Term investment with a projected -5.62% first-year return on $49,350 initial cash invested.
-5.62%
Cash On Cash
5.67%
Cap Rate
0.88
DSCR
$1,633
Rent
-$231
Cashflow
Cash Flow
$1,633 income − $1,864 expenses = $231 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,350
Downpayment
20%
$47,000
Closing costs
1%
$2,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,633
Total Expenses
$1,864
Mortgage P&I
77%
$1,259
Property Taxes
6%
$98
Home Insurance
5%
$82
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0