This property looks like a bad Long-Term investment with a projected -9.83% first-year return on $47,502 initial cash invested.
-9.83%
Cash On Cash
4.82%
Cap Rate
0.75
DSCR
$1,584
Rent
-$389
Cashflow
Cash Flow
$1,584 income − $1,973 expenses = $389 out of pocket
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,502
Downpayment
20%
$45,240
Closing costs
1%
$2,262
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,584
Total Expenses
$1,973
Mortgage P&I
77%
$1,219
Property Taxes
16%
$261
Home Insurance
5%
$82
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0