This property looks like a bad Mid-Term investment with a projected -5.17% first-year return on $65,166 initial cash invested.
-5.17%
Cash On Cash
5.59%
Cap Rate
0.83
DSCR
$1,712
Rent
-$281
Cashflow
Cash Flow
$1,712 income − $1,993 expenses = $281 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,166
Downpayment
20%
$44,920
Closing costs
1%
$2,246
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$1,712
Total Expenses
$1,993
Mortgage P&I
74%
$1,259
Property Taxes
4%
$73
Home Insurance
5%
$81
HOA
0%
$0
Property Management
12%
$205
CapEx
4%
$68
Vacancy
3%
$51
Maintenance
4%
$68
Other
11%
$188