This property looks like a bad Mid-Term investment with a projected -0.47% first-year return on $107k initial cash invested.
-0.47%
Cash On Cash
7.12%
Cap Rate
1.07
DSCR
$4,892
Rent
-$42
Cashflow
Cash Flow
$4,892 income − $4,934 expenses = $42 out of pocket
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.5%
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
$4,892
Total Expenses
$4,934
Mortgage P&I
48%
$2,369
Property Taxes
15%
$752
Home Insurance
3%
$149
HOA
0%
$0
Property Management
12%
$587
CapEx
4%
$196
Vacancy
3%
$147
Maintenance
4%
$196
Other
11%
$538