This property looks like a bad Long-Term investment with a projected -9.28% first-year return on $49,413 initial cash invested.
-9.28%
Cash On Cash
5.21%
Cap Rate
0.77
DSCR
$1,635
Rent
-$382
Cashflow
Cash Flow
$1,635 income − $2,017 expenses = $382 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,413
Downpayment
20%
$47,060
Closing costs
1%
$2,353
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,635
Total Expenses
$2,017
Mortgage P&I
81%
$1,321
Property Taxes
11%
$186
Home Insurance
5%
$84
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0