This property looks like a bad Long-Term investment with a projected -11.01% first-year return on $48,279 initial cash invested.
-11.01%
Cash On Cash
4.61%
Cap Rate
0.71
DSCR
$1,618
Rent
-$443
Cashflow
Cash Flow
$1,618 income − $2,061 expenses = $443 out of pocket
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,618
Total Expenses
$2,061
Mortgage P&I
77%
$1,245
Property Taxes
19%
$315
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$162
CapEx
5%
$81
Vacancy
6%
$97
Maintenance
5%
$81
Other
0%
$0