This property looks like a bad Mid-Term investment with a projected -5.3% first-year return on $109k initial cash invested.
-5.3%
Cash On Cash
5.41%
Cap Rate
0.85
DSCR
$3,195
Rent
-$483
Cashflow
Cash Flow
$3,195 income − $3,678 expenses = $483 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%
$87,000
Closing costs
1%
$4,350
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,195
Total Expenses
$3,678
Mortgage P&I
72%
$2,315
Property Taxes
4%
$122
Home Insurance
5%
$155
HOA
0%
$0
Property Management
12%
$383
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$351