This property looks like a bad Long-Term investment with a projected -9.37% first-year return on $50,694 initial cash invested.
-9.37%
Cash On Cash
5.19%
Cap Rate
0.77
DSCR
$1,741
Rent
-$396
Cashflow
Cash Flow
$1,741 income − $2,137 expenses = $396 out of pocket
Investment Breakdown
|
Purchase Price
$241k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,694
Downpayment
20%
$48,280
Closing costs
1%
$2,414
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,741
Total Expenses
$2,137
Mortgage P&I
78%
$1,354
Property Taxes
14%
$243
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0