This property looks like a bad Long-Term investment with a projected -4.72% first-year return on $47,250 initial cash invested.
-4.72%
Cash On Cash
5.85%
Cap Rate
0.91
DSCR
$1,570
Rent
-$186
Cashflow
Cash Flow
$1,570 income − $1,756 expenses = $186 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
$1,570
Total Expenses
$1,756
Mortgage P&I
77%
$1,204
Property Taxes
4%
$66
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0