This property looks like a bad Mid-Term investment with a projected -3.83% first-year return on $107k initial cash invested.
-3.83%
Cash On Cash
6.19%
Cap Rate
0.93
DSCR
$4,130
Rent
-$342
Cashflow
Cash Flow
$4,130 income − $4,472 expenses = $342 out of pocket
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$85,000
Closing costs
1%
$4,250
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,130
Total Expenses
$4,472
Mortgage P&I
57%
$2,369
Property Taxes
13%
$550
Home Insurance
4%
$149
HOA
0%
$0
Property Management
12%
$496
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$454