This property looks like a bad Mid-Term investment with a projected -11.46% first-year return on $109k initial cash invested.
-11.46%
Cash On Cash
4.16%
Cap Rate
0.63
DSCR
$4,264
Rent
-$1,039
Cashflow
Cash Flow
$4,264 income − $5,303 expenses = $1,039 out of pocket
Investment Breakdown
|
Purchase Price
$432k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,460
Closing costs
1%
$4,323
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,264
Total Expenses
$5,303
Mortgage P&I
56%
$2,368
Property Taxes
12%
$511
Home Insurance
4%
$155
HOA
19%
$818
Property Management
12%
$512
CapEx
4%
$171
Vacancy
3%
$128
Maintenance
4%
$171
Other
11%
$469