This property looks like a bad Long-Term investment with a projected -8.77% first-year return on $47,187 initial cash invested.
-8.77%
Cash On Cash
4.82%
Cap Rate
0.76
DSCR
$1,293
Rent
-$345
Cashflow
Cash Flow
$1,293 income − $1,638 expenses = $345 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
6.9%
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
$1,293
Total Expenses
$1,638
Mortgage P&I
91%
$1,183
Property Taxes
3%
$38
Home Insurance
6%
$80
HOA
0%
$0
Property Management
10%
$129
CapEx
5%
$65
Vacancy
6%
$78
Maintenance
5%
$65
Other
0%
$0