This property looks like a bad Long-Term investment with a projected -7.64% first-year return on $47,292 initial cash invested.
-7.64%
Cash On Cash
5.55%
Cap Rate
0.84
DSCR
$1,910
Rent
-$301
Cashflow
Cash Flow
$1,910 income − $2,211 expenses = $301 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,292
Downpayment
20%
$45,040
Closing costs
1%
$2,252
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,910
Total Expenses
$2,211
Mortgage P&I
65%
$1,247
Property Taxes
20%
$380
Home Insurance
5%
$86
HOA
0%
$0
Property Management
10%
$191
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0