This property looks like a bad Mid-Term investment with a projected -4.82% first-year return on $109k initial cash invested.
-4.82%
Cash On Cash
5.7%
Cap Rate
0.88
DSCR
$3,747
Rent
-$439
Cashflow
Cash Flow
$3,747 income − $4,186 expenses = $439 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$87,000
Closing costs
1%
$4,350
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,747
Total Expenses
$4,186
Mortgage P&I
63%
$2,354
Property Taxes
11%
$406
Home Insurance
4%
$152
HOA
0%
$0
Property Management
12%
$450
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$412