This property looks like a bad Long-Term investment with a projected -19.97% first-year return on $100k initial cash invested.
-19.97%
Cash On Cash
2.59%
Cap Rate
0.39
DSCR
$1,669
Rent
-$1,665
Cashflow
Cash Flow
$1,669 income − $3,334 expenses = $1,665 out of pocket
Investment Breakdown
|
Purchase Price
$477k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$95,300
Closing costs
1%
$4,765
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,669
Total Expenses
$3,334
Mortgage P&I
156%
$2,609
Property Taxes
7%
$122
Home Insurance
10%
$170
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0