This property looks like a bad Long-Term investment with a projected -5.09% first-year return on $41,979 initial cash invested.
-5.09%
Cash On Cash
6.26%
Cap Rate
0.92
DSCR
$1,661
Rent
-$178
Cashflow
Cash Flow
$1,661 income − $1,839 expenses = $178 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.7%
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
$1,661
Total Expenses
$1,839
Mortgage P&I
68%
$1,137
Property Taxes
12%
$200
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0