This property looks like a bad Mid-Term investment with a projected -5.08% first-year return on $107k initial cash invested.
-5.08%
Cash On Cash
5.49%
Cap Rate
0.86
DSCR
$3,645
Rent
-$454
Cashflow
Cash Flow
$3,645 income − $4,099 expenses = $454 out of pocket
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,645
Total Expenses
$4,099
Mortgage P&I
62%
$2,251
Property Taxes
13%
$460
Home Insurance
4%
$149
HOA
0%
$0
Property Management
12%
$437
CapEx
4%
$146
Vacancy
3%
$109
Maintenance
4%
$146
Other
11%
$401