This property looks like a bad Long-Term investment with a projected -11.28% first-year return on $47,250 initial cash invested.
-11.28%
Cash On Cash
4.68%
Cap Rate
0.7
DSCR
$1,253
Rent
-$444
Cashflow
Cash Flow
$1,253 income − $1,697 expenses = $444 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
$1,253
Total Expenses
$1,697
Mortgage P&I
100%
$1,259
Property Taxes
3%
$33
Home Insurance
6%
$79
HOA
0%
$0
Property Management
10%
$125
CapEx
5%
$63
Vacancy
6%
$75
Maintenance
5%
$63
Other
0%
$0