This property looks like a bad Long-Term investment with a projected -8.33% first-year return on $47,250 initial cash invested.
-8.33%
Cash On Cash
5.01%
Cap Rate
0.8
DSCR
$1,765
Rent
-$328
Cashflow
Cash Flow
$1,765 income − $2,093 expenses = $328 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
6.8%
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
$1,765
Total Expenses
$2,093
Mortgage P&I
67%
$1,180
Property Taxes
21%
$376
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0