This property looks like a bad Mid-Term investment with a projected -0.69% first-year return on $110k initial cash invested.
-0.69%
Cash On Cash
6.36%
Cap Rate
1.04
DSCR
$4,054
Rent
-$63
Cashflow
Cash Flow
$4,054 income − $4,117 expenses = $63 out of pocket
Investment Breakdown
|
Purchase Price
$437k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$87,320
Closing costs
1%
$4,366
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,054
Total Expenses
$4,117
Mortgage P&I
55%
$2,216
Property Taxes
9%
$359
Home Insurance
4%
$154
HOA
0%
$10
Property Management
12%
$486
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$446