This property looks like a bad Long-Term investment with a projected -9.99% first-year return on $48,993 initial cash invested.
-9.99%
Cash On Cash
5.17%
Cap Rate
0.76
DSCR
$1,675
Rent
-$408
Cashflow
Cash Flow
$1,675 income − $2,083 expenses = $408 out of pocket
Investment Breakdown
|
Purchase Price
$233k
Downpayment
20.0%
Interest Rate
7.7%
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
$1,675
Total Expenses
$2,083
Mortgage P&I
79%
$1,330
Property Taxes
14%
$233
Home Insurance
5%
$84
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0