This property looks like a bad Long-Term investment with a projected -4.17% first-year return on $41,979 initial cash invested.
-4.17%
Cash On Cash
6.37%
Cap Rate
0.94
DSCR
$1,528
Rent
-$146
Cashflow
Cash Flow
$1,528 income − $1,674 expenses = $146 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,528
Total Expenses
$1,674
Mortgage P&I
74%
$1,131
Property Taxes
5%
$76
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$76
Vacancy
6%
$92
Maintenance
5%
$76
Other
0%
$0