This property looks like a bad Long-Term investment with a projected -6.09% first-year return on $41,958 initial cash invested.
-6.09%
Cash On Cash
5.87%
Cap Rate
0.87
DSCR
$1,434
Rent
-$213
Cashflow
Cash Flow
$1,434 income − $1,647 expenses = $213 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,958
Downpayment
20%
$39,960
Closing costs
1%
$1,998
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,434
Total Expenses
$1,647
Mortgage P&I
78%
$1,119
Property Taxes
5%
$73
Home Insurance
6%
$82
HOA
0%
$0
Property Management
10%
$143
CapEx
5%
$72
Vacancy
6%
$86
Maintenance
5%
$72
Other
0%
$0