This property looks like a bad Long-Term investment with a projected -2.44% first-year return on $47,247 initial cash invested.
-2.44%
Cash On Cash
6.49%
Cap Rate
1
DSCR
$1,962
Rent
-$96
Cashflow
Cash Flow
$1,962 income − $2,058 expenses = $96 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,247
Downpayment
20%
$44,997
Closing costs
1%
$2,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,962
Total Expenses
$2,058
Mortgage P&I
62%
$1,214
Property Taxes
13%
$255
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0