This property looks like a bad Mid-Term investment with a projected -7.85% first-year return on $109k initial cash invested.
-7.85%
Cash On Cash
4.76%
Cap Rate
0.75
DSCR
$3,318
Rent
-$715
Cashflow
Cash Flow
$3,318 income − $4,033 expenses = $715 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,920
Closing costs
1%
$4,346
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,318
Total Expenses
$4,033
Mortgage P&I
69%
$2,305
Property Taxes
8%
$251
Home Insurance
5%
$158
HOA
6%
$190
Property Management
12%
$398
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$365