This property looks like a bad Long-Term investment with a projected -9.95% first-year return on $48,720 initial cash invested.
-9.95%
Cash On Cash
4.77%
Cap Rate
0.73
DSCR
$1,375
Rent
-$404
Cashflow
Cash Flow
$1,375 income − $1,779 expenses = $404 out of pocket
Investment Breakdown
|
Purchase Price
$232k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,720
Downpayment
20%
$46,400
Closing costs
1%
$2,320
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,375
Total Expenses
$1,779
Mortgage P&I
91%
$1,258
Property Taxes
6%
$83
Home Insurance
6%
$80
HOA
0%
$0
Property Management
10%
$138
CapEx
5%
$69
Vacancy
6%
$82
Maintenance
5%
$69
Other
0%
$0