This property looks like a bad Long-Term investment with a projected -0.61% first-year return on $47,250 initial cash invested.
-0.61%
Cash On Cash
6.81%
Cap Rate
1.06
DSCR
$1,873
Rent
-$24
Cashflow
Cash Flow
$1,873 income − $1,897 expenses = $24 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,873
Total Expenses
$1,897
Mortgage P&I
64%
$1,206
Property Taxes
7%
$125
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$187
CapEx
5%
$94
Vacancy
6%
$112
Maintenance
5%
$94
Other
0%
$0