This property looks like a bad Mid-Term investment with a projected -1.66% first-year return on $107k initial cash invested.
-1.66%
Cash On Cash
6.53%
Cap Rate
1.01
DSCR
$4,102
Rent
-$148
Cashflow
Cash Flow
$4,102 income − $4,250 expenses = $148 out of pocket
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$85,000
Closing costs
1%
$4,250
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,102
Total Expenses
$4,250
Mortgage P&I
56%
$2,296
Property Taxes
10%
$411
Home Insurance
4%
$149
HOA
0%
$0
Property Management
12%
$492
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$451