This property looks like a bad Long-Term investment with a projected -7.37% first-year return on $42,021 initial cash invested.
-7.37%
Cash On Cash
5.72%
Cap Rate
0.84
DSCR
$1,545
Rent
-$258
Cashflow
Cash Flow
$1,545 income − $1,803 expenses = $258 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,021
Downpayment
20%
$40,020
Closing costs
1%
$2,001
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,545
Total Expenses
$1,803
Mortgage P&I
73%
$1,134
Property Taxes
13%
$196
Home Insurance
5%
$72
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0