This property looks like a bad Long-Term investment with a projected -0.43% first-year return on $50,190 initial cash invested.
-0.43%
Cash On Cash
6.95%
Cap Rate
1.06
DSCR
$1,956
Rent
-$18
Cashflow
Cash Flow
$1,956 income − $1,974 expenses = $18 out of pocket
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,190
Downpayment
20%
$47,800
Closing costs
1%
$2,390
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,956
Total Expenses
$1,974
Mortgage P&I
67%
$1,304
Property Taxes
4%
$79
Home Insurance
4%
$82
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0