This property looks like a bad Long-Term investment with a projected -4.71% first-year return on $42,000 initial cash invested.
-4.71%
Cash On Cash
5.86%
Cap Rate
0.91
DSCR
$1,478
Rent
-$165
Cashflow
Cash Flow
$1,478 income − $1,643 expenses = $165 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,478
Total Expenses
$1,643
Mortgage P&I
72%
$1,068
Property Taxes
8%
$120
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0