This property looks like a bad Long-Term investment with a projected -8.81% first-year return on $50,127 initial cash invested.
-8.81%
Cash On Cash
5.25%
Cap Rate
0.78
DSCR
$1,561
Rent
-$368
Cashflow
Cash Flow
$1,561 income − $1,929 expenses = $368 out of pocket
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,127
Downpayment
20%
$47,740
Closing costs
1%
$2,387
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,561
Total Expenses
$1,929
Mortgage P&I
86%
$1,335
Property Taxes
7%
$102
Home Insurance
6%
$86
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0