This property looks like a bad Mid-Term investment with a projected -4.87% first-year return on $109k initial cash invested.
-4.87%
Cash On Cash
5.72%
Cap Rate
0.88
DSCR
$3,750
Rent
-$443
Cashflow
Cash Flow
$3,750 income − $4,193 expenses = $443 out of pocket
Investment Breakdown
|
Purchase Price
$434k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,860
Closing costs
1%
$4,343
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,750
Total Expenses
$4,193
Mortgage P&I
63%
$2,363
Property Taxes
11%
$398
Home Insurance
4%
$158
HOA
0%
$0
Property Management
12%
$450
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$412