This property looks like a bad Mid-Term investment with a projected -5.63% first-year return on $109k initial cash invested.
-5.63%
Cash On Cash
5.57%
Cap Rate
0.85
DSCR
$4,065
Rent
-$513
Cashflow
Cash Flow
$4,065 income − $4,578 expenses = $513 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,960
Closing costs
1%
$4,348
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,065
Total Expenses
$4,578
Mortgage P&I
58%
$2,367
Property Taxes
17%
$688
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$488
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$447