This property looks like a bad Long-Term investment with a projected -11.12% first-year return on $101k initial cash invested.
-11.12%
Cash On Cash
4.69%
Cap Rate
0.71
DSCR
$3,389
Rent
-$937
Cashflow
Cash Flow
$3,389 income − $4,326 expenses = $937 out of pocket
Investment Breakdown
|
Purchase Price
$481k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$96,260
Closing costs
1%
$4,813
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,389
Total Expenses
$4,326
Mortgage P&I
78%
$2,650
Property Taxes
18%
$624
Home Insurance
5%
$172
HOA
0%
$0
Property Management
10%
$339
CapEx
5%
$169
Vacancy
6%
$203
Maintenance
5%
$169
Other
0%
$0