This property looks like a bad Long-Term investment with a projected -4.94% first-year return on $48,846 initial cash invested.
-4.94%
Cash On Cash
5.99%
Cap Rate
0.91
DSCR
$1,750
Rent
-$201
Cashflow
Cash Flow
$1,750 income − $1,951 expenses = $201 out of pocket
Investment Breakdown
|
Purchase Price
$233k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,846
Downpayment
20%
$46,520
Closing costs
1%
$2,326
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,750
Total Expenses
$1,951
Mortgage P&I
73%
$1,275
Property Taxes
7%
$131
Home Insurance
5%
$89
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0