This property looks like a bad Long-Term investment with a projected -12.41% first-year return on $47,292 initial cash invested.
-12.41%
Cash On Cash
4.58%
Cap Rate
0.68
DSCR
$1,584
Rent
-$489
Cashflow
Cash Flow
$1,584 income − $2,073 expenses = $489 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,584
Total Expenses
$2,073
Mortgage P&I
80%
$1,270
Property Taxes
20%
$312
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0