This property looks like a bad Long-Term investment with a projected -11.97% first-year return on $50,232 initial cash invested.
-11.97%
Cash On Cash
4.46%
Cap Rate
0.67
DSCR
$1,322
Rent
-$501
Cashflow
Cash Flow
$1,322 income − $1,823 expenses = $501 out of pocket
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,232
Downpayment
20%
$47,840
Closing costs
1%
$2,392
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,322
Total Expenses
$1,823
Mortgage P&I
100%
$1,324
Property Taxes
5%
$68
Home Insurance
7%
$88
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0