This property looks like a bad Long-Term investment with a projected -7.08% first-year return on $47,313 initial cash invested.
-7.08%
Cash On Cash
5.5%
Cap Rate
0.84
DSCR
$1,585
Rent
-$279
Cashflow
Cash Flow
$1,585 income − $1,864 expenses = $279 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,313
Downpayment
20%
$45,060
Closing costs
1%
$2,253
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,585
Total Expenses
$1,864
Mortgage P&I
78%
$1,233
Property Taxes
8%
$123
Home Insurance
5%
$80
HOA
1%
$17
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0