This property looks like a bad Long-Term investment with a projected -12.08% first-year return on $47,670 initial cash invested.
-12.08%
Cash On Cash
4.46%
Cap Rate
0.67
DSCR
$1,465
Rent
-$480
Cashflow
Cash Flow
$1,465 income − $1,945 expenses = $480 out of pocket
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,670
Downpayment
20%
$45,400
Closing costs
1%
$2,270
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,465
Total Expenses
$1,945
Mortgage P&I
85%
$1,250
Property Taxes
16%
$236
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0