This property looks like a bad Long-Term investment with a projected -20.55% first-year return on $47,187 initial cash invested.
-20.55%
Cash On Cash
2.68%
Cap Rate
0.4
DSCR
$1,126
Rent
-$808
Cashflow
Cash Flow
$1,126 income − $1,934 expenses = $808 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,187
Downpayment
20%
$44,940
Closing costs
1%
$2,247
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,126
Total Expenses
$1,934
Mortgage P&I
111%
$1,254
Property Taxes
27%
$299
Home Insurance
8%
$88
HOA
0%
$0
Property Management
10%
$113
CapEx
5%
$56
Vacancy
6%
$68
Maintenance
5%
$56
Other
0%
$0