This property looks like a bad Mid-Term investment with a projected -4.67% first-year return on $109k initial cash invested.
-4.67%
Cash On Cash
5.72%
Cap Rate
0.88
DSCR
$3,656
Rent
-$424
Cashflow
Cash Flow
$3,656 income − $4,080 expenses = $424 out of pocket
Investment Breakdown
|
Purchase Price
$433k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,620
Closing costs
1%
$4,331
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,656
Total Expenses
$4,080
Mortgage P&I
64%
$2,343
Property Taxes
9%
$340
Home Insurance
4%
$154
HOA
0%
$0
Property Management
12%
$439
CapEx
4%
$146
Vacancy
3%
$110
Maintenance
4%
$146
Other
11%
$402