This property looks like a bad Long-Term investment with a projected -4.52% first-year return on $48,552 initial cash invested.
-4.52%
Cash On Cash
6.07%
Cap Rate
0.92
DSCR
$1,767
Rent
-$183
Cashflow
Cash Flow
$1,767 income − $1,950 expenses = $183 out of pocket
Investment Breakdown
|
Purchase Price
$231k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,552
Downpayment
20%
$46,240
Closing costs
1%
$2,312
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,767
Total Expenses
$1,950
Mortgage P&I
72%
$1,264
Property Taxes
10%
$180
Home Insurance
3%
$47
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0