This property looks like a bad Mid-Term investment with a projected -1.56% first-year return on $59,979 initial cash invested.
-1.56%
Cash On Cash
6.73%
Cap Rate
1
DSCR
$1,953
Rent
-$78
Cashflow
Cash Flow
$1,953 income − $2,031 expenses = $78 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,953
Total Expenses
$2,031
Mortgage P&I
57%
$1,121
Property Taxes
9%
$176
Home Insurance
4%
$70
HOA
0%
$0
Property Management
12%
$234
CapEx
4%
$78
Vacancy
3%
$59
Maintenance
4%
$78
Other
11%
$215