This property looks like a bad Mid-Term investment with a projected -4.48% first-year return on $110k initial cash invested.
-4.48%
Cash On Cash
5.87%
Cap Rate
0.89
DSCR
$3,771
Rent
-$409
Cashflow
Cash Flow
$3,771 income − $4,180 expenses = $409 out of pocket
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$87,200
Closing costs
1%
$4,360
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,771
Total Expenses
$4,180
Mortgage P&I
63%
$2,392
Property Taxes
9%
$351
Home Insurance
4%
$154
HOA
0%
$0
Property Management
12%
$453
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$415