This property looks like a bad Long-Term investment with a projected -5.34% first-year return on $48,762 initial cash invested.
-5.34%
Cash On Cash
5.96%
Cap Rate
0.91
DSCR
$2,167
Rent
-$217
Cashflow
Cash Flow
$2,167 income − $2,384 expenses = $217 out of pocket
Investment Breakdown
|
Purchase Price
$232k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,762
Downpayment
20%
$46,440
Closing costs
1%
$2,322
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,167
Total Expenses
$2,384
Mortgage P&I
58%
$1,263
Property Taxes
22%
$475
Home Insurance
4%
$83
HOA
0%
$0
Property Management
10%
$217
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0