This property looks like a bad Long-Term investment with a projected -9.45% first-year return on $49,287 initial cash invested.
-9.45%
Cash On Cash
5.04%
Cap Rate
0.76
DSCR
$1,523
Rent
-$388
Cashflow
Cash Flow
$1,523 income − $1,911 expenses = $388 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,287
Downpayment
20%
$46,940
Closing costs
1%
$2,347
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,523
Total Expenses
$1,911
Mortgage P&I
85%
$1,297
Property Taxes
9%
$135
Home Insurance
6%
$84
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0