This property looks like a bad Long-Term investment with a projected -8.16% first-year return on $50,127 initial cash invested.
-8.16%
Cash On Cash
5.5%
Cap Rate
0.81
DSCR
$1,808
Rent
-$341
Cashflow
Cash Flow
$1,808 income − $2,149 expenses = $341 out of pocket
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,127
Downpayment
20%
$47,740
Closing costs
1%
$2,387
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,808
Total Expenses
$2,149
Mortgage P&I
74%
$1,346
Property Taxes
14%
$250
Home Insurance
5%
$84
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0