This property looks like a bad Long-Term investment with a projected -9.75% first-year return on $41,979 initial cash invested.
-9.75%
Cash On Cash
5.1%
Cap Rate
0.75
DSCR
$1,262
Rent
-$341
Cashflow
Cash Flow
$1,262 income − $1,603 expenses = $341 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,262
Total Expenses
$1,603
Mortgage P&I
89%
$1,127
Property Taxes
6%
$78
Home Insurance
6%
$70
HOA
0%
$0
Property Management
10%
$126
CapEx
5%
$63
Vacancy
6%
$76
Maintenance
5%
$63
Other
0%
$0