This property looks like a bad Long-Term investment with a projected -5.93% first-year return on $48,573 initial cash invested.
-5.93%
Cash On Cash
5.97%
Cap Rate
0.89
DSCR
$1,897
Rent
-$240
Cashflow
Cash Flow
$1,897 income − $2,137 expenses = $240 out of pocket
Investment Breakdown
|
Purchase Price
$231k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,573
Downpayment
20%
$46,260
Closing costs
1%
$2,313
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,897
Total Expenses
$2,137
Mortgage P&I
68%
$1,295
Property Taxes
14%
$262
Home Insurance
5%
$86
HOA
0%
$0
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0