This property looks like a bad Long-Term investment with a projected -14.83% first-year return on $47,250 initial cash invested.
-14.83%
Cash On Cash
4.04%
Cap Rate
0.59
DSCR
$1,356
Rent
-$584
Cashflow
Cash Flow
$1,356 income − $1,940 expenses = $584 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
$1,356
Total Expenses
$1,940
Mortgage P&I
94%
$1,274
Property Taxes
17%
$234
Home Insurance
6%
$79
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$81
Maintenance
5%
$68
Other
0%
$0