This property looks like a bad Long-Term investment with a projected -7.8% first-year return on $41,979 initial cash invested.
-7.8%
Cash On Cash
5.66%
Cap Rate
0.83
DSCR
$1,586
Rent
-$273
Cashflow
Cash Flow
$1,586 income − $1,859 expenses = $273 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.7%
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
$1,586
Total Expenses
$1,859
Mortgage P&I
72%
$1,137
Property Taxes
15%
$240
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$159
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0