This property looks like a bad Long-Term investment with a projected -11.38% first-year return on $48,279 initial cash invested.
-11.38%
Cash On Cash
4.76%
Cap Rate
0.71
DSCR
$1,570
Rent
-$458
Cashflow
Cash Flow
$1,570 income − $2,028 expenses = $458 out of pocket
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,570
Total Expenses
$2,028
Mortgage P&I
82%
$1,291
Property Taxes
11%
$177
Home Insurance
5%
$80
HOA
5%
$73
Property Management
10%
$157
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0