This property looks like a bad Long-Term investment with a projected -6.74% first-year return on $49,350 initial cash invested.
-6.74%
Cash On Cash
5.47%
Cap Rate
0.85
DSCR
$1,730
Rent
-$277
Cashflow
Cash Flow
$1,730 income − $2,007 expenses = $277 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,730
Total Expenses
$2,007
Mortgage P&I
73%
$1,262
Property Taxes
12%
$214
Home Insurance
5%
$82
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0