This property looks like a bad Long-Term investment with a projected -8.63% first-year return on $47,250 initial cash invested.
-8.63%
Cash On Cash
5.43%
Cap Rate
0.8
DSCR
$1,552
Rent
-$340
Cashflow
Cash Flow
$1,552 income − $1,892 expenses = $340 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.7%
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
$1,552
Total Expenses
$1,892
Mortgage P&I
83%
$1,281
Property Taxes
8%
$128
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0