This property looks like a bad Mid-Term investment with a projected -10.14% first-year return on $68,022 initial cash invested.
-10.14%
Cash On Cash
3.85%
Cap Rate
0.6
DSCR
$1,554
Rent
-$575
Cashflow
Cash Flow
$1,554 income − $2,129 expenses = $575 out of pocket
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,022
Downpayment
20%
$47,640
Closing costs
1%
$2,382
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$1,554
Total Expenses
$2,129
Mortgage P&I
82%
$1,278
Property Taxes
15%
$237
Home Insurance
6%
$86
HOA
0%
$0
Property Management
12%
$186
CapEx
4%
$62
Vacancy
3%
$47
Maintenance
4%
$62
Other
11%
$171