This property looks like a bad Long-Term investment with a projected -9.07% first-year return on $47,250 initial cash invested.
-9.07%
Cash On Cash
5.05%
Cap Rate
0.78
DSCR
$1,699
Rent
-$357
Cashflow
Cash Flow
$1,699 income − $2,056 expenses = $357 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,699
Total Expenses
$2,056
Mortgage P&I
72%
$1,218
Property Taxes
19%
$317
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0