This property looks like a bad Mid-Term investment with a projected -0.52% first-year return on $59,979 initial cash invested.
-0.52%
Cash On Cash
7.07%
Cap Rate
1.04
DSCR
$1,893
Rent
-$26
Cashflow
Cash Flow
$1,893 income − $1,919 expenses = $26 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,979
Downpayment
20%
$39,980
Closing costs
1%
$1,999
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$1,893
Total Expenses
$1,919
Mortgage P&I
60%
$1,127
Property Taxes
4%
$78
Home Insurance
4%
$70
HOA
0%
$0
Property Management
12%
$227
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$208