This property looks like a bad Long-Term investment with a projected -12.36% first-year return on $50,190 initial cash invested.
-12.36%
Cash On Cash
4.21%
Cap Rate
0.65
DSCR
$1,452
Rent
-$517
Cashflow
Cash Flow
$1,452 income − $1,969 expenses = $517 out of pocket
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,190
Downpayment
20%
$47,800
Closing costs
1%
$2,390
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,452
Total Expenses
$1,969
Mortgage P&I
88%
$1,283
Property Taxes
15%
$224
Home Insurance
6%
$84
HOA
0%
$0
Property Management
10%
$145
CapEx
5%
$73
Vacancy
6%
$87
Maintenance
5%
$73
Other
0%
$0