This property looks like a bad Long-Term investment with a projected -7.97% first-year return on $47,250 initial cash invested.
-7.97%
Cash On Cash
5.33%
Cap Rate
0.81
DSCR
$1,534
Rent
-$314
Cashflow
Cash Flow
$1,534 income − $1,848 expenses = $314 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,534
Total Expenses
$1,848
Mortgage P&I
81%
$1,236
Property Taxes
9%
$134
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0