This property looks like a bad Long-Term investment with a projected -7.36% first-year return on $50,064 initial cash invested.
-7.36%
Cash On Cash
5.47%
Cap Rate
0.83
DSCR
$1,602
Rent
-$307
Cashflow
Cash Flow
$1,602 income − $1,909 expenses = $307 out of pocket
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,064
Downpayment
20%
$47,680
Closing costs
1%
$2,384
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,602
Total Expenses
$1,909
Mortgage P&I
82%
$1,314
Property Taxes
6%
$96
Home Insurance
5%
$83
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0