This property looks like a bad Long-Term investment with a projected -9.67% first-year return on $48,279 initial cash invested.
-9.67%
Cash On Cash
5%
Cap Rate
0.75
DSCR
$1,529
Rent
-$389
Cashflow
Cash Flow
$1,529 income − $1,918 expenses = $389 out of pocket
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,529
Total Expenses
$1,918
Mortgage P&I
83%
$1,270
Property Taxes
11%
$171
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$76
Vacancy
6%
$92
Maintenance
5%
$76
Other
0%
$0