This property looks like a bad Long-Term investment with a projected -11.7% first-year return on $47,607 initial cash invested.
-11.7%
Cash On Cash
4.68%
Cap Rate
0.7
DSCR
$1,614
Rent
-$464
Cashflow
Cash Flow
$1,614 income − $2,078 expenses = $464 out of pocket
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,607
Downpayment
20%
$45,340
Closing costs
1%
$2,267
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,614
Total Expenses
$2,078
Mortgage P&I
79%
$1,268
Property Taxes
19%
$310
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$161
CapEx
5%
$81
Vacancy
6%
$97
Maintenance
5%
$81
Other
0%
$0