This property looks like a bad Long-Term investment with a projected -1.23% first-year return on $47,796 initial cash invested.
-1.23%
Cash On Cash
6.83%
Cap Rate
1.03
DSCR
$1,844
Rent
-$49
Cashflow
Cash Flow
$1,844 income − $1,893 expenses = $49 out of pocket
Investment Breakdown
|
Purchase Price
$228k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,796
Downpayment
20%
$45,520
Closing costs
1%
$2,276
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,844
Total Expenses
$1,893
Mortgage P&I
68%
$1,252
Property Taxes
4%
$82
Home Insurance
4%
$80
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0