This property looks like a bad Long-Term investment with a projected -11.43% first-year return on $47,250 initial cash invested.
-11.43%
Cash On Cash
4.65%
Cap Rate
0.69
DSCR
$1,236
Rent
-$450
Cashflow
Cash Flow
$1,236 income − $1,686 expenses = $450 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,236
Total Expenses
$1,686
Mortgage P&I
102%
$1,259
Property Taxes
2%
$26
Home Insurance
6%
$79
HOA
0%
$0
Property Management
10%
$124
CapEx
5%
$62
Vacancy
6%
$74
Maintenance
5%
$62
Other
0%
$0