This property looks like a bad Long-Term investment with a projected -12.53% first-year return on $48,279 initial cash invested.
-12.53%
Cash On Cash
4.58%
Cap Rate
0.67
DSCR
$1,581
Rent
-$504
Cashflow
Cash Flow
$1,581 income − $2,085 expenses = $504 out of pocket
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,279
Downpayment
20%
$45,980
Closing costs
1%
$2,299
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,581
Total Expenses
$2,085
Mortgage P&I
82%
$1,302
Property Taxes
18%
$292
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0