This property looks like a bad Long-Term investment with a projected -8.2% first-year return on $42,000 initial cash invested.
-8.2%
Cash On Cash
5.44%
Cap Rate
0.81
DSCR
$1,357
Rent
-$287
Cashflow
Cash Flow
$1,357 income − $1,644 expenses = $287 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,000
Downpayment
20%
$40,000
Closing costs
1%
$2,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,357
Total Expenses
$1,644
Mortgage P&I
83%
$1,125
Property Taxes
7%
$96
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$81
Maintenance
5%
$68
Other
0%
$0