This property looks like a bad Long-Term investment with a projected -11.14% first-year return on $50,106 initial cash invested.
-11.14%
Cash On Cash
4.78%
Cap Rate
0.71
DSCR
$1,623
Rent
-$465
Cashflow
Cash Flow
$1,623 income − $2,088 expenses = $465 out of pocket
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,106
Downpayment
20%
$47,720
Closing costs
1%
$2,386
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,623
Total Expenses
$2,088
Mortgage P&I
82%
$1,335
Property Taxes
17%
$269
Home Insurance
4%
$63
HOA
0%
$0
Property Management
10%
$162
CapEx
5%
$81
Vacancy
6%
$97
Maintenance
5%
$81
Other
0%
$0