This property looks like a bad Long-Term investment with a projected -14.44% first-year return on $100k initial cash invested.
-14.44%
Cash On Cash
4.2%
Cap Rate
0.61
DSCR
$2,719
Rent
-$1,206
Cashflow
Cash Flow
$2,719 income − $3,925 expenses = $1,206 out of pocket
Investment Breakdown
|
Purchase Price
$477k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$95,460
Closing costs
1%
$4,773
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,719
Total Expenses
$3,925
Mortgage P&I
101%
$2,741
Property Taxes
11%
$289
Home Insurance
6%
$175
HOA
0%
$13
Property Management
10%
$272
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0