This property looks like a bad Mid-Term investment with a projected -0.74% first-year return on $108k initial cash invested.
-0.74%
Cash On Cash
6.61%
Cap Rate
1.05
DSCR
$4,302
Rent
-$67
Cashflow
Cash Flow
$4,302 income − $4,369 expenses = $67 out of pocket
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$86,020
Closing costs
1%
$4,301
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,302
Total Expenses
$4,369
Mortgage P&I
53%
$2,265
Property Taxes
11%
$465
Home Insurance
4%
$156
HOA
0%
$21
Property Management
12%
$516
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$473