This property looks like a bad Long-Term investment with a projected -10.39% first-year return on $47,250 initial cash invested.
-10.39%
Cash On Cash
4.96%
Cap Rate
0.74
DSCR
$1,519
Rent
-$409
Cashflow
Cash Flow
$1,519 income − $1,928 expenses = $409 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,519
Total Expenses
$1,928
Mortgage P&I
83%
$1,263
Property Taxes
13%
$191
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0