This property looks like a bad Long-Term investment with a projected -5.56% first-year return on $49,602 initial cash invested.
-5.56%
Cash On Cash
5.62%
Cap Rate
0.9
DSCR
$2,036
Rent
-$230
Cashflow
Cash Flow
$2,036 income − $2,266 expenses = $230 out of pocket
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,602
Downpayment
20%
$47,240
Closing costs
1%
$2,362
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,036
Total Expenses
$2,266
Mortgage P&I
61%
$1,235
Property Taxes
20%
$417
Home Insurance
4%
$84
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0