This property looks like a bad Mid-Term investment with a projected -9.66% first-year return on $109k initial cash invested.
-9.66%
Cash On Cash
4.6%
Cap Rate
0.69
DSCR
$3,159
Rent
-$876
Cashflow
Cash Flow
$3,159 income − $4,035 expenses = $876 out of pocket
Investment Breakdown
|
Purchase Price
$433k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,500
Closing costs
1%
$4,325
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,159
Total Expenses
$4,035
Mortgage P&I
76%
$2,408
Property Taxes
13%
$400
Home Insurance
5%
$154
HOA
0%
$0
Property Management
12%
$379
CapEx
4%
$126
Vacancy
3%
$95
Maintenance
4%
$126
Other
11%
$347