This property looks like a bad Long-Term investment with a projected -9.19% first-year return on $46,767 initial cash invested.
-9.19%
Cash On Cash
4.93%
Cap Rate
0.77
DSCR
$1,569
Rent
-$358
Cashflow
Cash Flow
$1,569 income − $1,927 expenses = $358 out of pocket
Investment Breakdown
|
Purchase Price
$223k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,767
Downpayment
20%
$44,540
Closing costs
1%
$2,227
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,569
Total Expenses
$1,927
Mortgage P&I
76%
$1,194
Property Taxes
14%
$221
Home Insurance
7%
$105
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0