This property looks like a bad Mid-Term investment with a projected -0.48% first-year return on $106k initial cash invested.
-0.48%
Cash On Cash
6.83%
Cap Rate
1.06
DSCR
$4,233
Rent
-$42
Cashflow
Cash Flow
$4,233 income − $4,275 expenses = $42 out of pocket
Investment Breakdown
|
Purchase Price
$417k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$83,340
Closing costs
1%
$4,167
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,233
Total Expenses
$4,275
Mortgage P&I
53%
$2,246
Property Taxes
10%
$438
Home Insurance
4%
$152
HOA
0%
$0
Property Management
12%
$508
CapEx
4%
$169
Vacancy
3%
$127
Maintenance
4%
$169
Other
11%
$466