This property looks like a bad Long-Term investment with a projected -16.29% first-year return on $101k initial cash invested.
-16.29%
Cash On Cash
3.52%
Cap Rate
0.54
DSCR
$3,388
Rent
-$1,375
Cashflow
Cash Flow
$3,388 income − $4,763 expenses = $1,375 out of pocket
Investment Breakdown
|
Purchase Price
$482k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$96,480
Closing costs
1%
$4,824
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,388
Total Expenses
$4,763
Mortgage P&I
77%
$2,623
Property Taxes
31%
$1,064
Home Insurance
6%
$196
HOA
0%
$0
Property Management
10%
$339
CapEx
5%
$169
Vacancy
6%
$203
Maintenance
5%
$169
Other
0%
$0