This property looks like a bad Long-Term investment with a projected -7.16% first-year return on $47,250 initial cash invested.
-7.16%
Cash On Cash
5.46%
Cap Rate
0.83
DSCR
$1,563
Rent
-$282
Cashflow
Cash Flow
$1,563 income − $1,845 expenses = $282 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,563
Total Expenses
$1,845
Mortgage P&I
79%
$1,228
Property Taxes
8%
$132
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0