This property looks like a bad Long-Term investment with a projected -12.77% first-year return on $100k initial cash invested.
-12.77%
Cash On Cash
4.07%
Cap Rate
0.64
DSCR
$2,765
Rent
-$1,067
Cashflow
Cash Flow
$2,765 income − $3,832 expenses = $1,067 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%
$95,480
Closing costs
1%
$4,774
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,765
Total Expenses
$3,832
Mortgage P&I
92%
$2,549
Property Taxes
12%
$337
Home Insurance
7%
$182
HOA
2%
$46
Property Management
10%
$276
CapEx
5%
$138
Vacancy
6%
$166
Maintenance
5%
$138
Other
0%
$0