This property looks like a bad Mid-Term investment with a projected -6.06% first-year return on $109k initial cash invested.
-6.06%
Cash On Cash
5.45%
Cap Rate
0.83
DSCR
$3,746
Rent
-$549
Cashflow
Cash Flow
$3,746 income − $4,295 expenses = $549 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%
$86,360
Closing costs
1%
$4,318
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,746
Total Expenses
$4,295
Mortgage P&I
63%
$2,360
Property Taxes
11%
$429
Home Insurance
5%
$175
HOA
2%
$57
Property Management
12%
$450
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$412