This property looks like a bad Long-Term investment with a projected -11.2% first-year return on $48,342 initial cash invested.
-11.2%
Cash On Cash
4.64%
Cap Rate
0.71
DSCR
$1,716
Rent
-$451
Cashflow
Cash Flow
$1,716 income − $2,167 expenses = $451 out of pocket
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,342
Downpayment
20%
$46,040
Closing costs
1%
$2,302
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,716
Total Expenses
$2,167
Mortgage P&I
73%
$1,256
Property Taxes
21%
$366
Home Insurance
6%
$98
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0