This property looks like a bad Mid-Term investment with a projected -4.77% first-year return on $109k initial cash invested.
-4.77%
Cash On Cash
5.72%
Cap Rate
0.87
DSCR
$3,375
Rent
-$435
Cashflow
Cash Flow
$3,375 income − $3,810 expenses = $435 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$87,040
Closing costs
1%
$4,352
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,375
Total Expenses
$3,810
Mortgage P&I
70%
$2,375
Property Taxes
4%
$128
Home Insurance
5%
$160
HOA
0%
$0
Property Management
12%
$405
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$371