This property looks like a bad Long-Term investment with a projected -2.67% first-year return on $47,649 initial cash invested.
-2.67%
Cash On Cash
6.13%
Cap Rate
0.98
DSCR
$1,744
Rent
-$106
Cashflow
Cash Flow
$1,744 income − $1,850 expenses = $106 out of pocket
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,649
Downpayment
20%
$45,380
Closing costs
1%
$2,269
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,744
Total Expenses
$1,850
Mortgage P&I
68%
$1,179
Property Taxes
6%
$99
Home Insurance
5%
$94
HOA
1%
$25
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0