This property looks like a bad Long-Term investment with a projected -0.66% first-year return on $47,250 initial cash invested.
-0.66%
Cash On Cash
6.7%
Cap Rate
1.05
DSCR
$1,792
Rent
-$26
Cashflow
Cash Flow
$1,792 income − $1,818 expenses = $26 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
$1,792
Total Expenses
$1,818
Mortgage P&I
67%
$1,192
Property Taxes
4%
$80
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0