This property looks like a bad Long-Term investment with a projected -5.13% first-year return on $41,895 initial cash invested.
-5.13%
Cash On Cash
6.14%
Cap Rate
0.92
DSCR
$1,714
Rent
-$179
Cashflow
Cash Flow
$1,714 income − $1,893 expenses = $179 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,895
Downpayment
20%
$39,900
Closing costs
1%
$1,995
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,714
Total Expenses
$1,893
Mortgage P&I
65%
$1,113
Property Taxes
17%
$288
Home Insurance
3%
$46
HOA
0%
$0
Property Management
10%
$171
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0