This property looks like a bad Long-Term investment with a projected -5.68% first-year return on $49,455 initial cash invested.
-5.68%
Cash On Cash
6.01%
Cap Rate
0.89
DSCR
$1,765
Rent
-$234
Cashflow
Cash Flow
$1,765 income − $1,999 expenses = $234 out of pocket
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,455
Downpayment
20%
$47,100
Closing costs
1%
$2,355
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,765
Total Expenses
$1,999
Mortgage P&I
75%
$1,325
Property Taxes
7%
$132
Home Insurance
5%
$84
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0