This property looks like a bad Mid-Term investment with a projected -14.27% first-year return on $107k initial cash invested.
-14.27%
Cash On Cash
2.82%
Cap Rate
0.46
DSCR
$2,068
Rent
-$1,275
Cashflow
Cash Flow
$2,068 income − $3,343 expenses = $1,275 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%
$84,980
Closing costs
1%
$4,249
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,068
Total Expenses
$3,343
Mortgage P&I
106%
$2,190
Property Taxes
15%
$301
Home Insurance
7%
$149
HOA
0%
$0
Property Management
12%
$248
CapEx
4%
$83
Vacancy
3%
$62
Maintenance
4%
$83
Other
11%
$227