This property looks like a bad Mid-Term investment with a projected -5.18% first-year return on $109k initial cash invested.
-5.18%
Cash On Cash
5.61%
Cap Rate
0.86
DSCR
$3,531
Rent
-$472
Cashflow
Cash Flow
$3,531 income − $4,003 expenses = $472 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
$3,531
Total Expenses
$4,003
Mortgage P&I
67%
$2,367
Property Taxes
8%
$282
Home Insurance
4%
$154
HOA
0%
$0
Property Management
12%
$424
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$388