This property looks like a bad Long-Term investment with a projected -12.67% first-year return on $49,350 initial cash invested.
-12.67%
Cash On Cash
4.26%
Cap Rate
0.65
DSCR
$1,415
Rent
-$521
Cashflow
Cash Flow
$1,415 income − $1,936 expenses = $521 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,350
Downpayment
20%
$47,000
Closing costs
1%
$2,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,415
Total Expenses
$1,936
Mortgage P&I
91%
$1,284
Property Taxes
14%
$201
Home Insurance
6%
$82
HOA
0%
$0
Property Management
10%
$142
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0