This property looks like a bad Mid-Term investment with a projected -6.57% first-year return on $109k initial cash invested.
-6.57%
Cash On Cash
5.13%
Cap Rate
0.81
DSCR
$3,825
Rent
-$599
Cashflow
Cash Flow
$3,825 income − $4,424 expenses = $599 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$87,000
Closing costs
1%
$4,350
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,825
Total Expenses
$4,424
Mortgage P&I
60%
$2,307
Property Taxes
17%
$656
Home Insurance
4%
$152
HOA
0%
$8
Property Management
12%
$459
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$421