This property looks like a bad Long-Term investment with a projected -13.29% first-year return on $41,979 initial cash invested.
-13.29%
Cash On Cash
4.21%
Cap Rate
0.63
DSCR
$1,108
Rent
-$465
Cashflow
Cash Flow
$1,108 income − $1,573 expenses = $465 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
$1,108
Total Expenses
$1,573
Mortgage P&I
100%
$1,112
Property Taxes
9%
$104
Home Insurance
6%
$70
HOA
0%
$0
Property Management
10%
$111
CapEx
5%
$55
Vacancy
6%
$66
Maintenance
5%
$55
Other
0%
$0