This property looks like a bad Long-Term investment with a projected -5.54% first-year return on $49,140 initial cash invested.
-5.54%
Cash On Cash
5.75%
Cap Rate
0.88
DSCR
$1,597
Rent
-$227
Cashflow
Cash Flow
$1,597 income − $1,824 expenses = $227 out of pocket
Investment Breakdown
|
Purchase Price
$234k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,140
Downpayment
20%
$46,800
Closing costs
1%
$2,340
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,597
Total Expenses
$1,824
Mortgage P&I
79%
$1,269
Property Taxes
4%
$57
Home Insurance
5%
$82
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0