This property looks like a bad Long-Term investment with a projected -7.5% first-year return on $47,229 initial cash invested.
-7.5%
Cash On Cash
5.62%
Cap Rate
0.83
DSCR
$1,577
Rent
-$295
Cashflow
Cash Flow
$1,577 income − $1,872 expenses = $295 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
$1,577
Total Expenses
$1,872
Mortgage P&I
81%
$1,270
Property Taxes
8%
$121
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0