This property looks like a bad Long-Term investment with a projected -4.11% first-year return on $42,000 initial cash invested.
-4.11%
Cash On Cash
6.44%
Cap Rate
0.95
DSCR
$1,779
Rent
-$144
Cashflow
Cash Flow
$1,779 income − $1,923 expenses = $144 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,779
Total Expenses
$1,923
Mortgage P&I
63%
$1,128
Property Taxes
15%
$262
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0