This property looks like a bad Long-Term investment with a projected -4.11% first-year return on $42,042 initial cash invested.
-4.11%
Cash On Cash
6.4%
Cap Rate
0.95
DSCR
$1,751
Rent
-$144
Cashflow
Cash Flow
$1,751 income − $1,895 expenses = $144 out of pocket
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,042
Downpayment
20%
$40,040
Closing costs
1%
$2,002
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,751
Total Expenses
$1,895
Mortgage P&I
64%
$1,124
Property Taxes
14%
$245
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0