This property looks like a bad Long-Term investment with a projected -11.92% first-year return on $49,917 initial cash invested.
-11.92%
Cash On Cash
4.66%
Cap Rate
0.68
DSCR
$1,387
Rent
-$496
Cashflow
Cash Flow
$1,387 income − $1,883 expenses = $496 out of pocket
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,917
Downpayment
20%
$47,540
Closing costs
1%
$2,377
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,387
Total Expenses
$1,883
Mortgage P&I
97%
$1,351
Property Taxes
6%
$86
Home Insurance
6%
$86
HOA
0%
$0
Property Management
10%
$139
CapEx
5%
$69
Vacancy
6%
$83
Maintenance
5%
$69
Other
0%
$0