This property looks like a bad Mid-Term investment with a projected -7% first-year return on $109k initial cash invested.
-7%
Cash On Cash
5.37%
Cap Rate
0.8
DSCR
$3,777
Rent
-$638
Cashflow
Cash Flow
$3,777 income − $4,415 expenses = $638 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,980
Closing costs
1%
$4,349
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,777
Total Expenses
$4,415
Mortgage P&I
64%
$2,432
Property Taxes
15%
$553
Home Insurance
4%
$147
HOA
0%
$0
Property Management
12%
$453
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$415