This property looks like a bad Long-Term investment with a projected -4.24% first-year return on $49,791 initial cash invested.
-4.24%
Cash On Cash
6.12%
Cap Rate
0.93
DSCR
$1,754
Rent
-$176
Cashflow
Cash Flow
$1,754 income − $1,930 expenses = $176 out of pocket
Investment Breakdown
|
Purchase Price
$237k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,791
Downpayment
20%
$47,420
Closing costs
1%
$2,371
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,754
Total Expenses
$1,930
Mortgage P&I
74%
$1,297
Property Taxes
4%
$64
Home Insurance
5%
$84
HOA
2%
$29
Property Management
10%
$175
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0