This property looks like a bad Long-Term investment with a projected -14.16% first-year return on $48,300 initial cash invested.
-14.16%
Cash On Cash
4.02%
Cap Rate
0.61
DSCR
$1,398
Rent
-$570
Cashflow
Cash Flow
$1,398 income − $1,968 expenses = $570 out of pocket
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,300
Downpayment
20%
$46,000
Closing costs
1%
$2,300
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,398
Total Expenses
$1,968
Mortgage P&I
91%
$1,271
Property Taxes
18%
$253
Home Insurance
6%
$80
HOA
0%
$0
Property Management
10%
$140
CapEx
5%
$70
Vacancy
6%
$84
Maintenance
5%
$70
Other
0%
$0