This property looks like a bad Long-Term investment with a projected -4.75% first-year return on $41,979 initial cash invested.
-4.75%
Cash On Cash
5.97%
Cap Rate
0.92
DSCR
$1,637
Rent
-$166
Cashflow
Cash Flow
$1,637 income − $1,803 expenses = $166 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,637
Total Expenses
$1,803
Mortgage P&I
66%
$1,078
Property Taxes
14%
$229
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0