This property looks like a bad Long-Term investment with a projected -9.75% first-year return on $49,329 initial cash invested.
-9.75%
Cash On Cash
5.09%
Cap Rate
0.76
DSCR
$1,759
Rent
-$401
Cashflow
Cash Flow
$1,759 income − $2,160 expenses = $401 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,329
Downpayment
20%
$46,980
Closing costs
1%
$2,349
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,759
Total Expenses
$2,160
Mortgage P&I
74%
$1,310
Property Taxes
18%
$310
Home Insurance
5%
$82
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0