This property looks like a bad Long-Term investment with a projected -8.53% first-year return on $100k initial cash invested.
-8.53%
Cash On Cash
5.05%
Cap Rate
0.79
DSCR
$3,370
Rent
-$712
Cashflow
Cash Flow
$3,370 income − $4,082 expenses = $712 out of pocket
Investment Breakdown
|
Purchase Price
$477k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$95,360
Closing costs
1%
$4,768
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,370
Total Expenses
$4,082
Mortgage P&I
76%
$2,550
Property Taxes
10%
$330
Home Insurance
5%
$172
HOA
5%
$155
Property Management
10%
$337
CapEx
5%
$168
Vacancy
6%
$202
Maintenance
5%
$168
Other
0%
$0