This property looks like a bad Mid-Term investment with a projected -1.83% first-year return on $108k initial cash invested.
-1.83%
Cash On Cash
6.1%
Cap Rate
1
DSCR
$4,182
Rent
-$165
Cashflow
Cash Flow
$4,182 income − $4,347 expenses = $165 out of pocket
Investment Breakdown
|
Purchase Price
$428k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$85,640
Closing costs
1%
$4,282
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,182
Total Expenses
$4,347
Mortgage P&I
52%
$2,174
Property Taxes
14%
$580
Home Insurance
4%
$149
HOA
1%
$23
Property Management
12%
$502
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$460