This property looks like a bad Mid-Term investment with a projected -8.58% first-year return on $109k initial cash invested.
-8.58%
Cash On Cash
4.78%
Cap Rate
0.73
DSCR
$3,340
Rent
-$778
Cashflow
Cash Flow
$3,340 income − $4,118 expenses = $778 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%
$86,480
Closing costs
1%
$4,324
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,340
Total Expenses
$4,118
Mortgage P&I
71%
$2,368
Property Taxes
14%
$460
Home Insurance
5%
$154
HOA
0%
$0
Property Management
12%
$401
CapEx
4%
$134
Vacancy
3%
$100
Maintenance
4%
$134
Other
11%
$367