This property looks like a bad Mid-Term investment with a projected -0.73% first-year return on $111k initial cash invested.
-0.73%
Cash On Cash
6.57%
Cap Rate
1.05
DSCR
$4,396
Rent
-$67
Cashflow
Cash Flow
$4,396 income − $4,463 expenses = $67 out of pocket
Investment Breakdown
|
Purchase Price
$441k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$88,120
Closing costs
1%
$4,406
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,396
Total Expenses
$4,463
Mortgage P&I
52%
$2,303
Property Taxes
12%
$506
Home Insurance
4%
$158
HOA
0%
$0
Property Management
12%
$528
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$484