This property looks like a bad Long-Term investment with a projected -12.64% first-year return on $101k initial cash invested.
-12.64%
Cash On Cash
4.39%
Cap Rate
0.66
DSCR
$3,228
Rent
-$1,066
Cashflow
Cash Flow
$3,228 income − $4,294 expenses = $1,066 out of pocket
Investment Breakdown
|
Purchase Price
$482k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$96,360
Closing costs
1%
$4,818
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,228
Total Expenses
$4,294
Mortgage P&I
83%
$2,668
Property Taxes
19%
$623
Home Insurance
5%
$164
HOA
0%
$0
Property Management
10%
$323
CapEx
5%
$161
Vacancy
6%
$194
Maintenance
5%
$161
Other
0%
$0