This property looks like a bad Long-Term investment with a projected -0.41% first-year return on $47,376 initial cash invested.
-0.41%
Cash On Cash
7.34%
Cap Rate
1.08
DSCR
$2,255
Rent
-$16
Cashflow
Cash Flow
$2,255 income − $2,271 expenses = $16 out of pocket
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,376
Downpayment
20%
$45,120
Closing costs
1%
$2,256
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,255
Total Expenses
$2,271
Mortgage P&I
57%
$1,283
Property Taxes
14%
$319
Home Insurance
4%
$82
HOA
0%
$0
Property Management
10%
$226
CapEx
5%
$113
Vacancy
6%
$135
Maintenance
5%
$113
Other
0%
$0