This property looks like a bad Long-Term investment with a projected -13.36% first-year return on $47,250 initial cash invested.
-13.36%
Cash On Cash
4.09%
Cap Rate
0.62
DSCR
$1,235
Rent
-$526
Cashflow
Cash Flow
$1,235 income − $1,761 expenses = $526 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,250
Downpayment
20%
$45,000
Closing costs
1%
$2,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,235
Total Expenses
$1,761
Mortgage P&I
100%
$1,230
Property Taxes
11%
$130
Home Insurance
6%
$79
HOA
0%
$0
Property Management
10%
$124
CapEx
5%
$62
Vacancy
6%
$74
Maintenance
5%
$62
Other
0%
$0