This property looks like a bad Long-Term investment with a projected -10.86% first-year return on $48,723 initial cash invested.
-10.86%
Cash On Cash
4.77%
Cap Rate
0.72
DSCR
$1,476
Rent
-$441
Cashflow
Cash Flow
$1,476 income − $1,917 expenses = $441 out of pocket
Investment Breakdown
|
Purchase Price
$232k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,723
Downpayment
20%
$46,403
Closing costs
1%
$2,320
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,476
Total Expenses
$1,917
Mortgage P&I
87%
$1,290
Property Taxes
9%
$133
Home Insurance
5%
$81
HOA
2%
$28
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0