This property looks like a bad Long-Term investment with a projected -10.41% first-year return on $47,607 initial cash invested.
-10.41%
Cash On Cash
5.06%
Cap Rate
0.75
DSCR
$1,790
Rent
-$413
Cashflow
Cash Flow
$1,790 income − $2,203 expenses = $413 out of pocket
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,790
Total Expenses
$2,203
Mortgage P&I
71%
$1,278
Property Taxes
21%
$379
Home Insurance
4%
$80
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$90
Vacancy
6%
$107
Maintenance
5%
$90
Other
0%
$0