This property looks like a bad Mid-Term investment with a projected -0.66% first-year return on $112k initial cash invested.
-0.66%
Cash On Cash
6.86%
Cap Rate
1.05
DSCR
$4,676
Rent
-$62
Cashflow
Cash Flow
$4,676 income − $4,738 expenses = $62 out of pocket
Investment Breakdown
|
Purchase Price
$448k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$89,600
Closing costs
1%
$4,480
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,676
Total Expenses
$4,738
Mortgage P&I
52%
$2,436
Property Taxes
12%
$543
Home Insurance
4%
$170
HOA
0%
$0
Property Management
12%
$561
CapEx
4%
$187
Vacancy
3%
$140
Maintenance
4%
$187
Other
11%
$514