This property looks like a bad Long-Term investment with a projected -7.91% first-year return on $47,187 initial cash invested.
-7.91%
Cash On Cash
5.13%
Cap Rate
0.8
DSCR
$1,442
Rent
-$311
Cashflow
Cash Flow
$1,442 income − $1,753 expenses = $311 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,442
Total Expenses
$1,753
Mortgage P&I
83%
$1,200
Property Taxes
7%
$98
Home Insurance
6%
$80
HOA
0%
$0
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$87
Maintenance
5%
$72
Other
0%
$0