This property looks like a bad Long-Term investment with a projected -1.77% first-year return on $41,979 initial cash invested.
-1.77%
Cash On Cash
6.95%
Cap Rate
1.04
DSCR
$2,083
Rent
-$62
Cashflow
Cash Flow
$2,083 income − $2,145 expenses = $62 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,083
Total Expenses
$2,145
Mortgage P&I
54%
$1,116
Property Taxes
20%
$418
Home Insurance
3%
$70
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0