This property looks like a bad Long-Term investment with a projected -14.45% first-year return on $47,166 initial cash invested.
-14.45%
Cash On Cash
4%
Cap Rate
0.59
DSCR
$1,141
Rent
-$568
Cashflow
Cash Flow
$1,141 income − $1,709 expenses = $568 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,141
Total Expenses
$1,709
Mortgage P&I
110%
$1,259
Property Taxes
6%
$73
Home Insurance
7%
$81
HOA
0%
$0
Property Management
10%
$114
CapEx
5%
$57
Vacancy
6%
$68
Maintenance
5%
$57
Other
0%
$0