This property looks like a bad Long-Term investment with a projected -4.02% first-year return on $47,712 initial cash invested.
-4.02%
Cash On Cash
6.35%
Cap Rate
0.94
DSCR
$1,772
Rent
-$160
Cashflow
Cash Flow
$1,772 income − $1,932 expenses = $160 out of pocket
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,712
Downpayment
20%
$45,440
Closing costs
1%
$2,272
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,772
Total Expenses
$1,932
Mortgage P&I
72%
$1,274
Property Taxes
7%
$117
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$89
Vacancy
6%
$106
Maintenance
5%
$89
Other
0%
$0