This property looks like a bad Mid-Term investment with a projected -5.49% first-year return on $109k initial cash invested.
-5.49%
Cash On Cash
5.73%
Cap Rate
0.86
DSCR
$4,082
Rent
-$498
Cashflow
Cash Flow
$4,082 income − $4,580 expenses = $498 out of pocket
Investment Breakdown
|
Purchase Price
$433k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,580
Closing costs
1%
$4,329
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,082
Total Expenses
$4,580
Mortgage P&I
59%
$2,401
Property Taxes
15%
$620
Home Insurance
4%
$172
HOA
0%
$0
Property Management
12%
$490
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$449