This property looks like a bad Long-Term investment with a projected -4.69% first-year return on $41,979 initial cash invested.
-4.69%
Cash On Cash
6.06%
Cap Rate
0.93
DSCR
$1,721
Rent
-$164
Cashflow
Cash Flow
$1,721 income − $1,885 expenses = $164 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,721
Total Expenses
$1,885
Mortgage P&I
63%
$1,087
Property Taxes
16%
$281
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0