This property looks like a bad Mid-Term investment with a projected -4.21% first-year return on $107k initial cash invested.
-4.21%
Cash On Cash
5.81%
Cap Rate
0.9
DSCR
$3,788
Rent
-$376
Cashflow
Cash Flow
$3,788 income − $4,164 expenses = $376 out of pocket
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,960
Closing costs
1%
$4,248
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,788
Total Expenses
$4,164
Mortgage P&I
60%
$2,279
Property Taxes
11%
$417
Home Insurance
4%
$161
HOA
0%
$17
Property Management
12%
$455
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$417