This property looks like a bad Long-Term investment with a projected -11.58% first-year return on $41,979 initial cash invested.
-11.58%
Cash On Cash
4.68%
Cap Rate
0.7
DSCR
$1,544
Rent
-$405
Cashflow
Cash Flow
$1,544 income − $1,949 expenses = $405 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,544
Total Expenses
$1,949
Mortgage P&I
72%
$1,107
Property Taxes
24%
$371
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0