This property looks like a bad Long-Term investment with a projected -9.5% first-year return on $49,287 initial cash invested.
-9.5%
Cash On Cash
4.83%
Cap Rate
0.75
DSCR
$1,492
Rent
-$390
Cashflow
Cash Flow
$1,492 income − $1,882 expenses = $390 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,287
Downpayment
20%
$46,940
Closing costs
1%
$2,347
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,492
Total Expenses
$1,882
Mortgage P&I
84%
$1,259
Property Taxes
10%
$150
Home Insurance
6%
$84
HOA
0%
$0
Property Management
10%
$149
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0