This property looks like a bad Mid-Term investment with a projected -0.91% first-year return on $111k initial cash invested.
-0.91%
Cash On Cash
6.92%
Cap Rate
1.04
DSCR
$4,352
Rent
-$84
Cashflow
Cash Flow
$4,352 income − $4,436 expenses = $84 out of pocket
Investment Breakdown
|
Purchase Price
$443k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$88,660
Closing costs
1%
$4,433
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,352
Total Expenses
$4,436
Mortgage P&I
57%
$2,468
Property Taxes
6%
$272
Home Insurance
4%
$156
HOA
1%
$60
Property Management
12%
$522
CapEx
4%
$174
Vacancy
3%
$131
Maintenance
4%
$174
Other
11%
$479