This property looks like a bad Mid-Term investment with a projected -3.99% first-year return on $65,250 initial cash invested.
-3.99%
Cash On Cash
5.8%
Cap Rate
0.88
DSCR
$1,852
Rent
-$217
Cashflow
Cash Flow
$1,852 income − $2,069 expenses = $217 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,250
Downpayment
20%
$45,000
Closing costs
1%
$2,250
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$1,852
Total Expenses
$2,069
Mortgage P&I
66%
$1,230
Property Taxes
7%
$130
Home Insurance
4%
$79
HOA
0%
$0
Property Management
12%
$222
CapEx
4%
$74
Vacancy
3%
$56
Maintenance
4%
$74
Other
11%
$204