This property looks like a bad Mid-Term investment with a projected -1.51% first-year return on $109k initial cash invested.
-1.51%
Cash On Cash
6.56%
Cap Rate
1.02
DSCR
$4,826
Rent
-$137
Cashflow
Cash Flow
$4,826 income − $4,963 expenses = $137 out of pocket
Investment Breakdown
|
Purchase Price
$434k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,780
Closing costs
1%
$4,339
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,826
Total Expenses
$4,963
Mortgage P&I
48%
$2,316
Property Taxes
13%
$646
Home Insurance
3%
$150
HOA
4%
$210
Property Management
12%
$579
CapEx
4%
$193
Vacancy
3%
$145
Maintenance
4%
$193
Other
11%
$531