This property looks like a bad Long-Term investment with a projected -2.23% first-year return on $41,979 initial cash invested.
-2.23%
Cash On Cash
6.75%
Cap Rate
1
DSCR
$1,609
Rent
-$78
Cashflow
Cash Flow
$1,609 income − $1,687 expenses = $78 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
$1,609
Total Expenses
$1,687
Mortgage P&I
70%
$1,122
Property Taxes
5%
$77
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$161
CapEx
5%
$80
Vacancy
6%
$97
Maintenance
5%
$80
Other
0%
$0