This property looks like a bad Mid-Term investment with a projected -4.08% first-year return on $109k initial cash invested.
-4.08%
Cash On Cash
5.61%
Cap Rate
0.9
DSCR
$3,658
Rent
-$372
Cashflow
Cash Flow
$3,658 income − $4,030 expenses = $372 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
6.8%
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
$3,658
Total Expenses
$4,030
Mortgage P&I
62%
$2,259
Property Taxes
10%
$349
Home Insurance
4%
$156
HOA
1%
$23
Property Management
12%
$439
CapEx
4%
$146
Vacancy
3%
$110
Maintenance
4%
$146
Other
11%
$402