This property looks like a bad Long-Term investment with a projected -6.43% first-year return on $41,979 initial cash invested.
-6.43%
Cash On Cash
6.08%
Cap Rate
0.91
DSCR
$2,468
Rent
-$225
Cashflow
Cash Flow
$2,468 income − $2,693 expenses = $225 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
$2,468
Total Expenses
$2,693
Mortgage P&I
45%
$1,114
Property Taxes
35%
$868
Home Insurance
3%
$70
HOA
0%
$0
Property Management
10%
$247
CapEx
5%
$123
Vacancy
6%
$148
Maintenance
5%
$123
Other
0%
$0