This property looks like a bad Long-Term investment with a projected -13.56% first-year return on $49,833 initial cash invested.
-13.56%
Cash On Cash
4.07%
Cap Rate
0.62
DSCR
$1,295
Rent
-$563
Cashflow
Cash Flow
$1,295 income − $1,858 expenses = $563 out of pocket
Investment Breakdown
|
Purchase Price
$237k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,833
Downpayment
20%
$47,460
Closing costs
1%
$2,373
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,295
Total Expenses
$1,858
Mortgage P&I
101%
$1,303
Property Taxes
12%
$156
Home Insurance
5%
$61
HOA
0%
$0
Property Management
10%
$130
CapEx
5%
$65
Vacancy
6%
$78
Maintenance
5%
$65
Other
0%
$0