This property looks like a bad Mid-Term investment with a projected -5.91% first-year return on $109k initial cash invested.
-5.91%
Cash On Cash
5.62%
Cap Rate
0.84
DSCR
$4,083
Rent
-$539
Cashflow
Cash Flow
$4,083 income − $4,622 expenses = $539 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$87,000
Closing costs
1%
$4,350
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,083
Total Expenses
$4,622
Mortgage P&I
59%
$2,413
Property Taxes
16%
$658
Home Insurance
4%
$164
HOA
0%
$0
Property Management
12%
$490
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$449