This property looks like a bad Long-Term investment with a projected -10.15% first-year return on $47,397 initial cash invested.
-10.15%
Cash On Cash
4.86%
Cap Rate
0.74
DSCR
$1,735
Rent
-$401
Cashflow
Cash Flow
$1,735 income − $2,136 expenses = $401 out of pocket
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,397
Downpayment
20%
$45,140
Closing costs
1%
$2,257
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,735
Total Expenses
$2,136
Mortgage P&I
71%
$1,229
Property Taxes
16%
$275
Home Insurance
5%
$80
HOA
6%
$100
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0