This property looks like a bad Long-Term investment with a projected -12.73% first-year return on $49,035 initial cash invested.
-12.73%
Cash On Cash
4.37%
Cap Rate
0.65
DSCR
$1,290
Rent
-$520
Cashflow
Cash Flow
$1,290 income − $1,810 expenses = $520 out of pocket
Investment Breakdown
|
Purchase Price
$234k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,035
Downpayment
20%
$46,700
Closing costs
1%
$2,335
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,290
Total Expenses
$1,810
Mortgage P&I
101%
$1,306
Property Taxes
7%
$88
Home Insurance
6%
$82
HOA
0%
$0
Property Management
10%
$129
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0