This property looks like a bad Long-Term investment with a projected -5.28% first-year return on $47,250 initial cash invested.
-5.28%
Cash On Cash
5.82%
Cap Rate
0.92
DSCR
$2,145
Rent
-$208
Cashflow
Cash Flow
$2,145 income − $2,353 expenses = $208 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,145
Total Expenses
$2,353
Mortgage P&I
56%
$1,192
Property Taxes
22%
$477
Home Insurance
4%
$79
HOA
2%
$48
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$129
Maintenance
5%
$107
Other
0%
$0