This property looks like a bad Long-Term investment with a projected -3.91% first-year return on $49,434 initial cash invested.
-3.91%
Cash On Cash
6.28%
Cap Rate
0.96
DSCR
$2,079
Rent
-$161
Cashflow
Cash Flow
$2,079 income − $2,240 expenses = $161 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,434
Downpayment
20%
$47,080
Closing costs
1%
$2,354
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,079
Total Expenses
$2,240
Mortgage P&I
62%
$1,289
Property Taxes
15%
$308
Home Insurance
5%
$102
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0