This property looks like a bad Mid-Term investment with a projected -5.92% first-year return on $107k initial cash invested.
-5.92%
Cash On Cash
5.47%
Cap Rate
0.84
DSCR
$4,154
Rent
-$529
Cashflow
Cash Flow
$4,154 income − $4,683 expenses = $529 out of pocket
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$85,000
Closing costs
1%
$4,250
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,154
Total Expenses
$4,683
Mortgage P&I
55%
$2,299
Property Taxes
18%
$728
Home Insurance
4%
$150
HOA
2%
$94
Property Management
12%
$498
CapEx
4%
$166
Vacancy
3%
$125
Maintenance
4%
$166
Other
11%
$457