This property looks like a bad Long-Term investment with a projected -1.09% first-year return on $41,979 initial cash invested.
-1.09%
Cash On Cash
6.93%
Cap Rate
1.04
DSCR
$1,705
Rent
-$38
Cashflow
Cash Flow
$1,705 income − $1,743 expenses = $38 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,705
Total Expenses
$1,743
Mortgage P&I
65%
$1,108
Property Taxes
7%
$123
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0