This property looks like a bad Long-Term investment with a projected -8.47% first-year return on $47,859 initial cash invested.
-8.47%
Cash On Cash
5.24%
Cap Rate
0.79
DSCR
$1,574
Rent
-$338
Cashflow
Cash Flow
$1,574 income − $1,912 expenses = $338 out of pocket
Investment Breakdown
|
Purchase Price
$228k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,859
Downpayment
20%
$45,580
Closing costs
1%
$2,279
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,574
Total Expenses
$1,912
Mortgage P&I
80%
$1,254
Property Taxes
11%
$169
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$79
Vacancy
6%
$94
Maintenance
5%
$79
Other
0%
$0