This property looks like a bad Long-Term investment with a projected -8.27% first-year return on $50,190 initial cash invested.
-8.27%
Cash On Cash
5.48%
Cap Rate
0.82
DSCR
$1,981
Rent
-$346
Cashflow
Cash Flow
$1,981 income − $2,327 expenses = $346 out of pocket
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,981
Total Expenses
$2,327
Mortgage P&I
68%
$1,338
Property Taxes
20%
$390
Home Insurance
4%
$84
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0