This property looks like a bad Long-Term investment with a projected -6.75% first-year return on $47,313 initial cash invested.
-6.75%
Cash On Cash
5.75%
Cap Rate
0.86
DSCR
$1,753
Rent
-$266
Cashflow
Cash Flow
$1,753 income − $2,019 expenses = $266 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,313
Downpayment
20%
$45,060
Closing costs
1%
$2,253
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,753
Total Expenses
$2,019
Mortgage P&I
72%
$1,258
Property Taxes
13%
$225
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0