This property looks like a bad Mid-Term investment with a projected -0.06% first-year return on $103k initial cash invested.
-0.06%
Cash On Cash
7.11%
Cap Rate
1.08
DSCR
$4,329
Rent
-$5
Cashflow
Cash Flow
$4,329 income − $4,334 expenses = $5 out of pocket
Investment Breakdown
|
Purchase Price
$406k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$81,160
Closing costs
1%
$4,058
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,329
Total Expenses
$4,334
Mortgage P&I
52%
$2,236
Property Taxes
11%
$480
Home Insurance
3%
$147
HOA
0%
$0
Property Management
12%
$519
CapEx
4%
$173
Vacancy
3%
$130
Maintenance
4%
$173
Other
11%
$476