This property looks like a bad Long-Term investment with a projected -4.18% first-year return on $47,691 initial cash invested.
-4.18%
Cash On Cash
6.46%
Cap Rate
0.95
DSCR
$2,051
Rent
-$166
Cashflow
Cash Flow
$2,051 income − $2,217 expenses = $166 out of pocket
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,691
Downpayment
20%
$45,420
Closing costs
1%
$2,271
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,051
Total Expenses
$2,217
Mortgage P&I
63%
$1,285
Property Taxes
10%
$214
Home Insurance
4%
$80
HOA
5%
$104
Property Management
10%
$205
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0