This property looks like a bad Long-Term investment with a projected -8.52% first-year return on $47,754 initial cash invested.
-8.52%
Cash On Cash
5.21%
Cap Rate
0.79
DSCR
$1,642
Rent
-$339
Cashflow
Cash Flow
$1,642 income − $1,981 expenses = $339 out of pocket
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,754
Downpayment
20%
$45,480
Closing costs
1%
$2,274
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,642
Total Expenses
$1,981
Mortgage P&I
76%
$1,245
Property Taxes
14%
$229
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0