This property looks like a bad Mid-Term investment with a projected -3.79% first-year return on $107k initial cash invested.
-3.79%
Cash On Cash
6.21%
Cap Rate
0.93
DSCR
$4,054
Rent
-$339
Cashflow
Cash Flow
$4,054 income − $4,393 expenses = $339 out of pocket
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,980
Closing costs
1%
$4,249
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,054
Total Expenses
$4,393
Mortgage P&I
59%
$2,376
Property Taxes
12%
$490
Home Insurance
4%
$149
HOA
0%
$0
Property Management
12%
$486
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$446