This property looks like a bad Long-Term investment with a projected -9.43% first-year return on $41,979 initial cash invested.
-9.43%
Cash On Cash
5.01%
Cap Rate
0.78
DSCR
$1,760
Rent
-$330
Cashflow
Cash Flow
$1,760 income − $2,090 expenses = $330 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,760
Total Expenses
$2,090
Mortgage P&I
61%
$1,077
Property Taxes
28%
$485
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0