This property looks like a bad Long-Term investment with a projected -5.83% first-year return on $41,958 initial cash invested.
-5.83%
Cash On Cash
5.8%
Cap Rate
0.9
DSCR
$1,830
Rent
-$204
Cashflow
Cash Flow
$1,830 income − $2,034 expenses = $204 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,958
Downpayment
20%
$39,960
Closing costs
1%
$1,998
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,830
Total Expenses
$2,034
Mortgage P&I
59%
$1,078
Property Taxes
23%
$419
Home Insurance
3%
$60
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0