This property looks like a bad Mid-Term investment with a projected -0.19% first-year return on $118k initial cash invested.
-0.19%
Cash On Cash
6.51%
Cap Rate
1.07
DSCR
$4,617
Rent
-$19
Cashflow
Cash Flow
$4,617 income − $4,636 expenses = $19 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$95,040
Closing costs
1%
$4,752
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,617
Total Expenses
$4,636
Mortgage P&I
52%
$2,412
Property Taxes
10%
$470
Home Insurance
4%
$166
HOA
0%
$17
Property Management
12%
$554
CapEx
4%
$185
Vacancy
3%
$139
Maintenance
4%
$185
Other
11%
$508