This property looks like a bad Long-Term investment with a projected -7.45% first-year return on $49,749 initial cash invested.
-7.45%
Cash On Cash
5.4%
Cap Rate
0.83
DSCR
$1,669
Rent
-$309
Cashflow
Cash Flow
$1,669 income − $1,978 expenses = $309 out of pocket
Investment Breakdown
|
Purchase Price
$237k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,749
Downpayment
20%
$47,380
Closing costs
1%
$2,369
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,669
Total Expenses
$1,978
Mortgage P&I
77%
$1,293
Property Taxes
10%
$166
Home Insurance
5%
$86
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0