This property looks like a bad Long-Term investment with a projected -4.96% first-year return on $47,187 initial cash invested.
-4.96%
Cash On Cash
5.91%
Cap Rate
0.91
DSCR
$1,640
Rent
-$195
Cashflow
Cash Flow
$1,640 income − $1,835 expenses = $195 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,187
Downpayment
20%
$44,940
Closing costs
1%
$2,247
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,640
Total Expenses
$1,835
Mortgage P&I
74%
$1,219
Property Taxes
7%
$110
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0