This property looks like a bad Long-Term investment with a projected -9.94% first-year return on $49,518 initial cash invested.
-9.94%
Cash On Cash
4.74%
Cap Rate
0.74
DSCR
$1,667
Rent
-$410
Cashflow
Cash Flow
$1,667 income − $2,077 expenses = $410 out of pocket
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,518
Downpayment
20%
$47,160
Closing costs
1%
$2,358
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,667
Total Expenses
$2,077
Mortgage P&I
75%
$1,258
Property Taxes
18%
$302
Home Insurance
5%
$84
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0