This property looks like a bad Mid-Term investment with a projected -6.57% first-year return on $110k initial cash invested.
-6.57%
Cash On Cash
5.29%
Cap Rate
0.81
DSCR
$3,818
Rent
-$600
Cashflow
Cash Flow
$3,818 income − $4,418 expenses = $600 out of pocket
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$87,180
Closing costs
1%
$4,359
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,818
Total Expenses
$4,418
Mortgage P&I
62%
$2,370
Property Taxes
16%
$595
Home Insurance
4%
$154
HOA
0%
$0
Property Management
12%
$458
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$420