This property looks like a bad Mid-Term investment with a projected -1.52% first-year return on $109k initial cash invested.
-1.52%
Cash On Cash
6.68%
Cap Rate
1.02
DSCR
$4,358
Rent
-$138
Cashflow
Cash Flow
$4,358 income − $4,496 expenses = $138 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,940
Closing costs
1%
$4,347
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,358
Total Expenses
$4,496
Mortgage P&I
55%
$2,383
Property Taxes
11%
$482
Home Insurance
3%
$150
HOA
0%
$0
Property Management
12%
$523
CapEx
4%
$174
Vacancy
3%
$131
Maintenance
4%
$174
Other
11%
$479