This property looks like a bad Mid-Term investment with a projected -4.78% first-year return on $109k initial cash invested.
-4.78%
Cash On Cash
5.54%
Cap Rate
0.88
DSCR
$4,216
Rent
-$436
Cashflow
Cash Flow
$4,216 income − $4,652 expenses = $436 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
6.8%
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
$4,216
Total Expenses
$4,652
Mortgage P&I
54%
$2,274
Property Taxes
19%
$792
Home Insurance
4%
$152
HOA
0%
$0
Property Management
12%
$506
CapEx
4%
$169
Vacancy
3%
$126
Maintenance
4%
$169
Other
11%
$464