This property looks like a bad Mid-Term investment with a projected -4.41% first-year return on $110k initial cash invested.
-4.41%
Cash On Cash
5.84%
Cap Rate
0.9
DSCR
$3,876
Rent
-$404
Cashflow
Cash Flow
$3,876 income − $4,280 expenses = $404 out of pocket
Investment Breakdown
|
Purchase Price
$437k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$87,440
Closing costs
1%
$4,372
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,876
Total Expenses
$4,280
Mortgage P&I
61%
$2,375
Property Taxes
11%
$443
Home Insurance
4%
$145
HOA
0%
$0
Property Management
12%
$465
CapEx
4%
$155
Vacancy
3%
$116
Maintenance
4%
$155
Other
11%
$426