This property looks like a bad Mid-Term investment with a projected -1.12% first-year return on $109k initial cash invested.
-1.12%
Cash On Cash
6.74%
Cap Rate
1.03
DSCR
$4,172
Rent
-$102
Cashflow
Cash Flow
$4,172 income − $4,274 expenses = $102 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%
$86,980
Closing costs
1%
$4,349
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,172
Total Expenses
$4,274
Mortgage P&I
57%
$2,376
Property Taxes
8%
$323
Home Insurance
4%
$156
HOA
0%
$0
Property Management
12%
$501
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$459