This property looks like a bad Long-Term investment with a projected -11.89% first-year return on $49,350 initial cash invested.
-11.89%
Cash On Cash
4.32%
Cap Rate
0.67
DSCR
$1,330
Rent
-$489
Cashflow
Cash Flow
$1,330 income − $1,819 expenses = $489 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,350
Downpayment
20%
$47,000
Closing costs
1%
$2,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,330
Total Expenses
$1,819
Mortgage P&I
95%
$1,269
Property Taxes
9%
$123
Home Insurance
6%
$82
HOA
0%
$0
Property Management
10%
$133
CapEx
5%
$66
Vacancy
6%
$80
Maintenance
5%
$66
Other
0%
$0