This property looks like a bad Long-Term investment with a projected -12.53% first-year return on $47,712 initial cash invested.
-12.53%
Cash On Cash
4.52%
Cap Rate
0.67
DSCR
$1,672
Rent
-$498
Cashflow
Cash Flow
$1,672 income − $2,170 expenses = $498 out of pocket
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,712
Downpayment
20%
$45,440
Closing costs
1%
$2,272
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,672
Total Expenses
$2,170
Mortgage P&I
76%
$1,269
Property Taxes
23%
$386
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0