This property looks like a bad Long-Term investment with a projected -7.15% first-year return on $49,644 initial cash invested.
-7.15%
Cash On Cash
5.61%
Cap Rate
0.85
DSCR
$1,883
Rent
-$296
Cashflow
Cash Flow
$1,883 income − $2,179 expenses = $296 out of pocket
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,644
Downpayment
20%
$47,280
Closing costs
1%
$2,364
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,883
Total Expenses
$2,179
Mortgage P&I
69%
$1,308
Property Taxes
16%
$303
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0