This property looks like a bad Long-Term investment with a projected -7.89% first-year return on $48,993 initial cash invested.
-7.89%
Cash On Cash
5.52%
Cap Rate
0.82
DSCR
$1,694
Rent
-$322
Cashflow
Cash Flow
$1,694 income − $2,016 expenses = $322 out of pocket
Investment Breakdown
|
Purchase Price
$233k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,993
Downpayment
20%
$46,660
Closing costs
1%
$2,333
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,694
Total Expenses
$2,016
Mortgage P&I
77%
$1,310
Property Taxes
11%
$183
Home Insurance
5%
$82
HOA
0%
$0
Property Management
10%
$169
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0