This property looks like a bad Long-Term investment with a projected -5.32% first-year return on $41,979 initial cash invested.
-5.32%
Cash On Cash
5.76%
Cap Rate
0.89
DSCR
$1,413
Rent
-$186
Cashflow
Cash Flow
$1,413 income − $1,599 expenses = $186 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,413
Total Expenses
$1,599
Mortgage P&I
76%
$1,075
Property Taxes
6%
$86
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$141
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0