This property looks like a bad Long-Term investment with a projected -15.11% first-year return on $48,300 initial cash invested.
-15.11%
Cash On Cash
3.56%
Cap Rate
0.56
DSCR
$1,451
Rent
-$608
Cashflow
Cash Flow
$1,451 income − $2,059 expenses = $608 out of pocket
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
6.9%
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
$1,451
Total Expenses
$2,059
Mortgage P&I
84%
$1,217
Property Taxes
26%
$384
Home Insurance
6%
$80
HOA
0%
$0
Property Management
10%
$145
CapEx
5%
$73
Vacancy
6%
$87
Maintenance
5%
$73
Other
0%
$0