This property looks like a bad Mid-Term investment with a projected -5.21% first-year return on $109k initial cash invested.
-5.21%
Cash On Cash
5.64%
Cap Rate
0.86
DSCR
$3,702
Rent
-$475
Cashflow
Cash Flow
$3,702 income − $4,177 expenses = $475 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%
$87,000
Closing costs
1%
$4,350
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,702
Total Expenses
$4,177
Mortgage P&I
64%
$2,372
Property Taxes
11%
$395
Home Insurance
4%
$152
HOA
0%
$0
Property Management
12%
$444
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$407