This property looks like a bad Mid-Term investment with a projected -1.71% first-year return on $65,292 initial cash invested.
-1.71%
Cash On Cash
6.78%
Cap Rate
1
DSCR
$2,376
Rent
-$93
Cashflow
Cash Flow
$2,376 income − $2,469 expenses = $93 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,292
Downpayment
20%
$45,040
Closing costs
1%
$2,252
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,376
Total Expenses
$2,469
Mortgage P&I
53%
$1,270
Property Taxes
13%
$312
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$285
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$261