This property looks like a bad Long-Term investment with a projected -12.32% first-year return on $47,250 initial cash invested.
-12.32%
Cash On Cash
4.54%
Cap Rate
0.67
DSCR
$1,393
Rent
-$485
Cashflow
Cash Flow
$1,393 income − $1,878 expenses = $485 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,250
Downpayment
20%
$45,000
Closing costs
1%
$2,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,393
Total Expenses
$1,878
Mortgage P&I
91%
$1,267
Property Taxes
12%
$169
Home Insurance
6%
$79
HOA
0%
$0
Property Management
10%
$139
CapEx
5%
$70
Vacancy
6%
$84
Maintenance
5%
$70
Other
0%
$0