This property looks like a bad Long-Term investment with a projected -11.62% first-year return on $47,712 initial cash invested.
-11.62%
Cash On Cash
4.73%
Cap Rate
0.71
DSCR
$1,977
Rent
-$462
Cashflow
Cash Flow
$1,977 income − $2,439 expenses = $462 out of pocket
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,712
Downpayment
20%
$45,440
Closing costs
1%
$2,272
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,977
Total Expenses
$2,439
Mortgage P&I
64%
$1,258
Property Taxes
5%
$104
Home Insurance
4%
$83
HOA
24%
$479
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0