This property looks like a bad Long-Term investment with a projected -7.43% first-year return on $41,979 initial cash invested.
-7.43%
Cash On Cash
5.35%
Cap Rate
0.83
DSCR
$1,530
Rent
-$260
Cashflow
Cash Flow
$1,530 income − $1,790 expenses = $260 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
$1,530
Total Expenses
$1,790
Mortgage P&I
70%
$1,075
Property Taxes
16%
$248
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$76
Vacancy
6%
$92
Maintenance
5%
$76
Other
0%
$0