This property looks like a bad Long-Term investment with a projected -2.77% first-year return on $48,867 initial cash invested.
-2.77%
Cash On Cash
6.35%
Cap Rate
1
DSCR
$2,160
Rent
-$113
Cashflow
Cash Flow
$2,160 income − $2,273 expenses = $113 out of pocket
Investment Breakdown
|
Purchase Price
$233k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,867
Downpayment
20%
$46,540
Closing costs
1%
$2,327
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,160
Total Expenses
$2,273
Mortgage P&I
57%
$1,237
Property Taxes
19%
$406
Home Insurance
3%
$68
HOA
0%
$0
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0