This property looks like a bad Long-Term investment with a projected -0.03% first-year return on $47,754 initial cash invested.
-0.03%
Cash On Cash
7.07%
Cap Rate
1.07
DSCR
$1,866
Rent
-$1
Cashflow
Cash Flow
$1,866 income − $1,867 expenses = $1 out of pocket
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,754
Downpayment
20%
$45,480
Closing costs
1%
$2,274
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,866
Total Expenses
$1,867
Mortgage P&I
67%
$1,248
Property Taxes
2%
$42
Home Insurance
5%
$92
HOA
0%
$0
Property Management
10%
$187
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0