This property looks like a bad Long-Term investment with a projected -21.26% first-year return on $101k initial cash invested.
-21.26%
Cash On Cash
2.13%
Cap Rate
0.33
DSCR
$1,730
Rent
-$1,794
Cashflow
Cash Flow
$1,730 income − $3,524 expenses = $1,794 out of pocket
Investment Breakdown
|
Purchase Price
$482k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$96,420
Closing costs
1%
$4,821
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,730
Total Expenses
$3,524
Mortgage P&I
148%
$2,562
Property Taxes
20%
$338
Home Insurance
10%
$175
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0