This property looks like a bad Long-Term investment with a projected -5.53% first-year return on $49,455 initial cash invested.
-5.53%
Cash On Cash
5.83%
Cap Rate
0.9
DSCR
$1,928
Rent
-$228
Cashflow
Cash Flow
$1,928 income − $2,156 expenses = $228 out of pocket
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,455
Downpayment
20%
$47,100
Closing costs
1%
$2,355
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,928
Total Expenses
$2,156
Mortgage P&I
66%
$1,277
Property Taxes
15%
$294
Home Insurance
4%
$84
HOA
0%
$0
Property Management
10%
$193
CapEx
5%
$96
Vacancy
6%
$116
Maintenance
5%
$96
Other
0%
$0