This property looks like a bad Long-Term investment with a projected -5.21% first-year return on $47,229 initial cash invested.
-5.21%
Cash On Cash
5.78%
Cap Rate
0.9
DSCR
$1,621
Rent
-$205
Cashflow
Cash Flow
$1,621 income − $1,826 expenses = $205 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,229
Downpayment
20%
$44,980
Closing costs
1%
$2,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,621
Total Expenses
$1,826
Mortgage P&I
74%
$1,207
Property Taxes
7%
$119
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$162
CapEx
5%
$81
Vacancy
6%
$97
Maintenance
5%
$81
Other
0%
$0