This property looks like a bad Mid-Term investment with a projected -7.48% first-year return on $65,292 initial cash invested.
-7.48%
Cash On Cash
4.44%
Cap Rate
0.71
DSCR
$1,770
Rent
-$407
Cashflow
Cash Flow
$1,770 income − $2,177 expenses = $407 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
6.8%
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
$1,770
Total Expenses
$2,177
Mortgage P&I
66%
$1,170
Property Taxes
15%
$266
Home Insurance
8%
$139
HOA
0%
$0
Property Management
12%
$212
CapEx
4%
$71
Vacancy
3%
$53
Maintenance
4%
$71
Other
11%
$195