This property looks like a bad Long-Term investment with a projected -12.11% first-year return on $49,854 initial cash invested.
-12.11%
Cash On Cash
4.56%
Cap Rate
0.68
DSCR
$1,556
Rent
-$503
Cashflow
Cash Flow
$1,556 income − $2,059 expenses = $503 out of pocket
Investment Breakdown
|
Purchase Price
$237k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,854
Downpayment
20%
$47,480
Closing costs
1%
$2,374
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,556
Total Expenses
$2,059
Mortgage P&I
85%
$1,328
Property Taxes
16%
$242
Home Insurance
5%
$84
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0