This property looks like a bad Long-Term investment with a projected -11.94% first-year return on $47,229 initial cash invested.
-11.94%
Cash On Cash
4.41%
Cap Rate
0.68
DSCR
$1,567
Rent
-$470
Cashflow
Cash Flow
$1,567 income − $2,037 expenses = $470 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,567
Total Expenses
$2,037
Mortgage P&I
78%
$1,218
Property Taxes
21%
$333
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0