This property looks like a bad Long-Term investment with a projected -11.38% first-year return on $49,350 initial cash invested.
-11.38%
Cash On Cash
4.8%
Cap Rate
0.71
DSCR
$1,719
Rent
-$468
Cashflow
Cash Flow
$1,719 income − $2,187 expenses = $468 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,719
Total Expenses
$2,187
Mortgage P&I
77%
$1,322
Property Taxes
20%
$336
Home Insurance
5%
$82
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0