This property looks like a bad Long-Term investment with a projected -9.38% first-year return on $41,979 initial cash invested.
-9.38%
Cash On Cash
4.8%
Cap Rate
0.76
DSCR
$1,470
Rent
-$328
Cashflow
Cash Flow
$1,470 income − $1,798 expenses = $328 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
6.9%
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
$1,470
Total Expenses
$1,798
Mortgage P&I
72%
$1,053
Property Taxes
20%
$292
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$74
Vacancy
6%
$88
Maintenance
5%
$74
Other
0%
$0