This property looks like a bad Long-Term investment with a projected -11.42% first-year return on $47,607 initial cash invested.
-11.42%
Cash On Cash
4.64%
Cap Rate
0.7
DSCR
$1,532
Rent
-$453
Cashflow
Cash Flow
$1,532 income − $1,985 expenses = $453 out of pocket
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,607
Downpayment
20%
$45,340
Closing costs
1%
$2,267
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,532
Total Expenses
$1,985
Mortgage P&I
82%
$1,253
Property Taxes
17%
$254
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0