This property looks like a bad Mid-Term investment with a projected -1.48% first-year return on $109k initial cash invested.
-1.48%
Cash On Cash
6.57%
Cap Rate
1.01
DSCR
$4,098
Rent
-$135
Cashflow
Cash Flow
$4,098 income − $4,233 expenses = $135 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%
$87,080
Closing costs
1%
$4,354
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,098
Total Expenses
$4,233
Mortgage P&I
57%
$2,354
Property Taxes
7%
$294
Home Insurance
4%
$158
HOA
1%
$33
Property Management
12%
$492
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$451