This property looks like a bad Long-Term investment with a projected -8.52% first-year return on $41,979 initial cash invested.
-8.52%
Cash On Cash
4.93%
Cap Rate
0.78
DSCR
$1,398
Rent
-$298
Cashflow
Cash Flow
$1,398 income − $1,696 expenses = $298 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,979
Downpayment
20%
$39,980
Closing costs
1%
$1,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,398
Total Expenses
$1,696
Mortgage P&I
75%
$1,049
Property Taxes
15%
$213
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$140
CapEx
5%
$70
Vacancy
6%
$84
Maintenance
5%
$70
Other
0%
$0