This property looks like a bad Long-Term investment with a projected -7.15% first-year return on $41,979 initial cash invested.
-7.15%
Cash On Cash
5.47%
Cap Rate
0.83
DSCR
$1,369
Rent
-$250
Cashflow
Cash Flow
$1,369 income − $1,619 expenses = $250 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,369
Total Expenses
$1,619
Mortgage P&I
80%
$1,094
Property Taxes
7%
$100
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$137
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0