This property looks like a bad Long-Term investment with a projected -0.59% first-year return on $47,145 initial cash invested.
-0.59%
Cash On Cash
7.16%
Cap Rate
1.06
DSCR
$1,997
Rent
-$23
Cashflow
Cash Flow
$1,997 income − $2,020 expenses = $23 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,145
Downpayment
20%
$44,900
Closing costs
1%
$2,245
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,997
Total Expenses
$2,020
Mortgage P&I
63%
$1,262
Property Taxes
8%
$159
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0