This property looks like a bad Long-Term investment with a projected -9.06% first-year return on $42,000 initial cash invested.
-9.06%
Cash On Cash
5.32%
Cap Rate
0.78
DSCR
$1,325
Rent
-$317
Cashflow
Cash Flow
$1,325 income − $1,642 expenses = $317 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,000
Downpayment
20%
$40,000
Closing costs
1%
$2,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,325
Total Expenses
$1,642
Mortgage P&I
86%
$1,137
Property Taxes
7%
$91
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$80
Maintenance
5%
$66
Other
0%
$0