This property looks like a bad Long-Term investment with a projected -10.29% first-year return on $41,979 initial cash invested.
-10.29%
Cash On Cash
4.84%
Cap Rate
0.73
DSCR
$1,233
Rent
-$360
Cashflow
Cash Flow
$1,233 income − $1,593 expenses = $360 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,233
Total Expenses
$1,593
Mortgage P&I
90%
$1,105
Property Taxes
8%
$97
Home Insurance
6%
$70
HOA
0%
$0
Property Management
10%
$123
CapEx
5%
$62
Vacancy
6%
$74
Maintenance
5%
$62
Other
0%
$0