This property looks like a bad Long-Term investment with a projected -11.89% first-year return on $47,838 initial cash invested.
-11.89%
Cash On Cash
4.77%
Cap Rate
0.7
DSCR
$1,659
Rent
-$474
Cashflow
Cash Flow
$1,659 income − $2,133 expenses = $474 out of pocket
Investment Breakdown
|
Purchase Price
$228k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,838
Downpayment
20%
$45,560
Closing costs
1%
$2,278
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,659
Total Expenses
$2,133
Mortgage P&I
78%
$1,297
Property Taxes
20%
$324
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0