This property looks like a bad Long-Term investment with a projected -13.01% first-year return on $50,379 initial cash invested.
-13.01%
Cash On Cash
4.43%
Cap Rate
0.65
DSCR
$1,324
Rent
-$546
Cashflow
Cash Flow
$1,324 income − $1,870 expenses = $546 out of pocket
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,379
Downpayment
20%
$47,980
Closing costs
1%
$2,399
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,324
Total Expenses
$1,870
Mortgage P&I
103%
$1,366
Property Taxes
6%
$77
Home Insurance
6%
$84
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0