This property looks like a bad Mid-Term investment with a projected -8.38% first-year return on $109k initial cash invested.
-8.38%
Cash On Cash
4.94%
Cap Rate
0.74
DSCR
$3,267
Rent
-$764
Cashflow
Cash Flow
$3,267 income − $4,031 expenses = $764 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$87,000
Closing costs
1%
$4,350
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,267
Total Expenses
$4,031
Mortgage P&I
74%
$2,423
Property Taxes
11%
$345
Home Insurance
5%
$152
HOA
0%
$0
Property Management
12%
$392
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$359