This property looks like a bad Long-Term investment with a projected -9.72% first-year return on $41,979 initial cash invested.
-9.72%
Cash On Cash
5.14%
Cap Rate
0.77
DSCR
$1,559
Rent
-$340
Cashflow
Cash Flow
$1,559 income − $1,899 expenses = $340 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,559
Total Expenses
$1,899
Mortgage P&I
72%
$1,119
Property Taxes
20%
$304
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0