This property looks like a bad Mid-Term investment with a projected -5.74% first-year return on $107k initial cash invested.
-5.74%
Cash On Cash
5.63%
Cap Rate
0.85
DSCR
$3,706
Rent
-$513
Cashflow
Cash Flow
$3,706 income − $4,219 expenses = $513 out of pocket
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.4%
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
$3,706
Total Expenses
$4,219
Mortgage P&I
64%
$2,358
Property Taxes
12%
$452
Home Insurance
4%
$149
HOA
0%
$0
Property Management
12%
$445
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$408