This property looks like a bad Long-Term investment with a projected -8.95% first-year return on $41,979 initial cash invested.
-8.95%
Cash On Cash
5.23%
Cap Rate
0.79
DSCR
$1,608
Rent
-$313
Cashflow
Cash Flow
$1,608 income − $1,921 expenses = $313 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
$1,608
Total Expenses
$1,921
Mortgage P&I
69%
$1,105
Property Taxes
20%
$329
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$161
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0