This property looks like a bad Mid-Term investment with a projected -8.53% first-year return on $109k initial cash invested.
-8.53%
Cash On Cash
4.82%
Cap Rate
0.73
DSCR
$3,616
Rent
-$778
Cashflow
Cash Flow
$3,616 income − $4,394 expenses = $778 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$87,060
Closing costs
1%
$4,353
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,616
Total Expenses
$4,394
Mortgage P&I
66%
$2,381
Property Taxes
17%
$628
Home Insurance
4%
$155
HOA
0%
$0
Property Management
12%
$434
CapEx
4%
$145
Vacancy
3%
$108
Maintenance
4%
$145
Other
11%
$398