This property looks like a bad Long-Term investment with a projected -5.43% first-year return on $41,979 initial cash invested.
-5.43%
Cash On Cash
6.09%
Cap Rate
0.9
DSCR
$1,650
Rent
-$190
Cashflow
Cash Flow
$1,650 income − $1,840 expenses = $190 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
$1,650
Total Expenses
$1,840
Mortgage P&I
68%
$1,122
Property Taxes
13%
$220
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0