This property looks like a bad Mid-Term investment with a projected -6.95% first-year return on $109k initial cash invested.
-6.95%
Cash On Cash
5.01%
Cap Rate
0.78
DSCR
$3,330
Rent
-$633
Cashflow
Cash Flow
$3,330 income − $3,963 expenses = $633 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%
$86,920
Closing costs
1%
$4,346
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,330
Total Expenses
$3,963
Mortgage P&I
69%
$2,313
Property Taxes
8%
$256
Home Insurance
4%
$140
HOA
4%
$122
Property Management
12%
$400
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$366