This property looks like a bad Long-Term investment with a projected -5.22% first-year return on $47,166 initial cash invested.
-5.22%
Cash On Cash
6.17%
Cap Rate
0.91
DSCR
$1,852
Rent
-$205
Cashflow
Cash Flow
$1,852 income − $2,057 expenses = $205 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,166
Downpayment
20%
$44,920
Closing costs
1%
$2,246
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,852
Total Expenses
$2,057
Mortgage P&I
68%
$1,266
Property Taxes
12%
$229
Home Insurance
4%
$80
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0