This property looks like a bad Long-Term investment with a projected -2.52% first-year return on $41,979 initial cash invested.
-2.52%
Cash On Cash
6.69%
Cap Rate
1
DSCR
$1,660
Rent
-$88
Cashflow
Cash Flow
$1,660 income − $1,748 expenses = $88 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
$1,660
Total Expenses
$1,748
Mortgage P&I
67%
$1,119
Property Taxes
8%
$127
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0