This property looks like a bad Long-Term investment with a projected -17.81% first-year return on $47,292 initial cash invested.
-17.81%
Cash On Cash
2.81%
Cap Rate
0.45
DSCR
$1,180
Rent
-$702
Cashflow
Cash Flow
$1,180 income − $1,882 expenses = $702 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
6.8%
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
$1,180
Total Expenses
$1,882
Mortgage P&I
99%
$1,170
Property Taxes
23%
$266
Home Insurance
12%
$139
HOA
0%
$0
Property Management
10%
$118
CapEx
5%
$59
Vacancy
6%
$71
Maintenance
5%
$59
Other
0%
$0