This property looks like a bad Mid-Term investment with a projected -0.04% first-year return on $109k initial cash invested.
-0.04%
Cash On Cash
6.9%
Cap Rate
1.07
DSCR
$4,216
Rent
-$4
Cashflow
Cash Flow
$4,216 income − $4,220 expenses = $4 out of pocket
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$87,120
Closing costs
1%
$4,356
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,216
Total Expenses
$4,220
Mortgage P&I
56%
$2,341
Property Taxes
2%
$100
Home Insurance
4%
$158
HOA
4%
$187
Property Management
12%
$506
CapEx
4%
$169
Vacancy
3%
$126
Maintenance
4%
$169
Other
11%
$464