This property looks like a bad Long-Term investment with a projected -6.87% first-year return on $47,355 initial cash invested.
-6.87%
Cash On Cash
5.72%
Cap Rate
0.85
DSCR
$1,641
Rent
-$271
Cashflow
Cash Flow
$1,641 income − $1,912 expenses = $271 out of pocket
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,355
Downpayment
20%
$45,100
Closing costs
1%
$2,255
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,641
Total Expenses
$1,912
Mortgage P&I
77%
$1,263
Property Taxes
8%
$135
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0