This property looks like a bad Mid-Term investment with a projected -8.91% first-year return on $109k initial cash invested.
-8.91%
Cash On Cash
4.34%
Cap Rate
0.7
DSCR
$3,134
Rent
-$807
Cashflow
Cash Flow
$3,134 income − $3,941 expenses = $807 out of pocket
Investment Breakdown
|
Purchase Price
$432k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,320
Closing costs
1%
$4,316
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,134
Total Expenses
$3,941
Mortgage P&I
72%
$2,242
Property Taxes
13%
$402
Home Insurance
5%
$158
HOA
2%
$74
Property Management
12%
$376
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$345