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
5.18%
Cap Rate
0.84
DSCR
$3,954
Rent
-$513
Cashflow
Cash Flow
$3,954 income − $4,467 expenses = $513 out of pocket
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
6.7%
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
$3,954
Total Expenses
$4,467
Mortgage P&I
55%
$2,189
Property Taxes
20%
$785
Home Insurance
4%
$149
HOA
0%
$0
Property Management
12%
$474
CapEx
4%
$158
Vacancy
3%
$119
Maintenance
4%
$158
Other
11%
$435