This property looks like a bad Mid-Term investment with a projected -1.73% first-year return on $109k initial cash invested.
-1.73%
Cash On Cash
6.59%
Cap Rate
1
DSCR
$4,188
Rent
-$157
Cashflow
Cash Flow
$4,188 income − $4,345 expenses = $157 out of pocket
Investment Breakdown
|
Purchase Price
$432k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,400
Closing costs
1%
$4,320
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,188
Total Expenses
$4,345
Mortgage P&I
56%
$2,361
Property Taxes
9%
$384
Home Insurance
4%
$159
HOA
0%
$15
Property Management
12%
$503
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$461