This property looks like a bad Long-Term investment with a projected -8.74% first-year return on $47,229 initial cash invested.
-8.74%
Cash On Cash
5.39%
Cap Rate
0.8
DSCR
$1,684
Rent
-$344
Cashflow
Cash Flow
$1,684 income − $2,028 expenses = $344 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,684
Total Expenses
$2,028
Mortgage P&I
75%
$1,271
Property Taxes
14%
$241
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0