This property looks like a bad Long-Term investment with a projected -0.88% first-year return on $47,691 initial cash invested.
-0.88%
Cash On Cash
6.74%
Cap Rate
1.05
DSCR
$2,027
Rent
-$35
Cashflow
Cash Flow
$2,027 income − $2,062 expenses = $35 out of pocket
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,691
Downpayment
20%
$45,420
Closing costs
1%
$2,271
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,027
Total Expenses
$2,062
Mortgage P&I
60%
$1,209
Property Taxes
12%
$246
Home Insurance
4%
$80
HOA
0%
$0
Property Management
10%
$203
CapEx
5%
$101
Vacancy
6%
$122
Maintenance
5%
$101
Other
0%
$0