This property looks like a bad Long-Term investment with a projected -11.32% first-year return on $48,972 initial cash invested.
-11.32%
Cash On Cash
4.7%
Cap Rate
0.71
DSCR
$1,653
Rent
-$462
Cashflow
Cash Flow
$1,653 income − $2,115 expenses = $462 out of pocket
Investment Breakdown
|
Purchase Price
$233k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,972
Downpayment
20%
$46,640
Closing costs
1%
$2,332
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,653
Total Expenses
$2,115
Mortgage P&I
78%
$1,293
Property Taxes
18%
$305
Home Insurance
5%
$87
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0