This property looks like a bad Long-Term investment with a projected -10.76% first-year return on $101k initial cash invested.
-10.76%
Cash On Cash
4.72%
Cap Rate
0.72
DSCR
$3,217
Rent
-$902
Cashflow
Cash Flow
$3,217 income − $4,119 expenses = $902 out of pocket
Investment Breakdown
|
Purchase Price
$479k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$95,800
Closing costs
1%
$4,790
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,217
Total Expenses
$4,119
Mortgage P&I
82%
$2,625
Property Taxes
15%
$489
Home Insurance
5%
$168
HOA
0%
$0
Property Management
10%
$322
CapEx
5%
$161
Vacancy
6%
$193
Maintenance
5%
$161
Other
0%
$0