This property looks like a bad Long-Term investment with a projected -9.3% first-year return on $49,014 initial cash invested.
-9.3%
Cash On Cash
5.28%
Cap Rate
0.78
DSCR
$1,740
Rent
-$380
Cashflow
Cash Flow
$1,740 income − $2,120 expenses = $380 out of pocket
Investment Breakdown
|
Purchase Price
$233k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,014
Downpayment
20%
$46,680
Closing costs
1%
$2,334
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,740
Total Expenses
$2,120
Mortgage P&I
76%
$1,320
Property Taxes
15%
$253
Home Insurance
5%
$82
HOA
1%
$13
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0