This property looks like a bad Long-Term investment with a projected -7.76% first-year return on $49,959 initial cash invested.
-7.76%
Cash On Cash
5.41%
Cap Rate
0.82
DSCR
$1,721
Rent
-$323
Cashflow
Cash Flow
$1,721 income − $2,044 expenses = $323 out of pocket
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,959
Downpayment
20%
$47,580
Closing costs
1%
$2,379
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,721
Total Expenses
$2,044
Mortgage P&I
76%
$1,310
Property Taxes
11%
$191
Home Insurance
5%
$86
HOA
1%
$10
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0