This property looks like a bad Long-Term investment with a projected -9.89% first-year return on $48,300 initial cash invested.
-9.89%
Cash On Cash
5.07%
Cap Rate
0.76
DSCR
$1,735
Rent
-$398
Cashflow
Cash Flow
$1,735 income − $2,133 expenses = $398 out of pocket
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,300
Downpayment
20%
$46,000
Closing costs
1%
$2,300
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,735
Total Expenses
$2,133
Mortgage P&I
74%
$1,283
Property Taxes
18%
$318
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0