This property looks like a bad Long-Term investment with a projected -19.87% first-year return on $47,229 initial cash invested.
-19.87%
Cash On Cash
2.52%
Cap Rate
0.39
DSCR
$848
Rent
-$782
Cashflow
Cash Flow
$848 income − $1,630 expenses = $782 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,229
Downpayment
20%
$44,980
Closing costs
1%
$2,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$848
Total Expenses
$1,630
Mortgage P&I
143%
$1,213
Property Taxes
14%
$118
Home Insurance
9%
$79
HOA
0%
$0
Property Management
10%
$85
CapEx
5%
$42
Vacancy
6%
$51
Maintenance
5%
$42
Other
0%
$0