This property looks like a bad Long-Term investment with a projected -9.11% first-year return on $50,190 initial cash invested.
-9.11%
Cash On Cash
4.91%
Cap Rate
0.76
DSCR
$1,523
Rent
-$381
Cashflow
Cash Flow
$1,523 income − $1,904 expenses = $381 out of pocket
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,190
Downpayment
20%
$47,800
Closing costs
1%
$2,390
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,523
Total Expenses
$1,904
Mortgage P&I
84%
$1,283
Property Taxes
9%
$142
Home Insurance
6%
$84
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0