This property looks like a bad Long-Term investment with a projected -4.45% first-year return on $50,106 initial cash invested.
-4.45%
Cash On Cash
6.05%
Cap Rate
0.93
DSCR
$1,862
Rent
-$186
Cashflow
Cash Flow
$1,862 income − $2,048 expenses = $186 out of pocket
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,106
Downpayment
20%
$47,720
Closing costs
1%
$2,386
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,862
Total Expenses
$2,048
Mortgage P&I
70%
$1,296
Property Taxes
10%
$189
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0