This property looks like a bad Long-Term investment with a projected -5.22% first-year return on $48,762 initial cash invested.
-5.22%
Cash On Cash
5.76%
Cap Rate
0.9
DSCR
$1,838
Rent
-$212
Cashflow
Cash Flow
$1,838 income − $2,050 expenses = $212 out of pocket
Investment Breakdown
|
Purchase Price
$232k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,762
Downpayment
20%
$46,440
Closing costs
1%
$2,322
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,838
Total Expenses
$2,050
Mortgage P&I
67%
$1,235
Property Taxes
11%
$197
Home Insurance
8%
$140
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0