This property looks like a bad Long-Term investment with a projected -11.52% first-year return on $41,979 initial cash invested.
-11.52%
Cash On Cash
4.7%
Cap Rate
0.7
DSCR
$1,302
Rent
-$403
Cashflow
Cash Flow
$1,302 income − $1,705 expenses = $403 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,302
Total Expenses
$1,705
Mortgage P&I
86%
$1,121
Property Taxes
14%
$176
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$130
CapEx
5%
$65
Vacancy
6%
$78
Maintenance
5%
$65
Other
0%
$0