This property looks like a bad Mid-Term investment with a projected -0.36% first-year return on $111k initial cash invested.
-0.36%
Cash On Cash
7.18%
Cap Rate
1.06
DSCR
$4,443
Rent
-$33
Cashflow
Cash Flow
$4,443 income − $4,476 expenses = $33 out of pocket
Investment Breakdown
|
Purchase Price
$445k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$88,900
Closing costs
1%
$4,445
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,443
Total Expenses
$4,476
Mortgage P&I
57%
$2,514
Property Taxes
6%
$268
Home Insurance
4%
$158
HOA
1%
$25
Property Management
12%
$533
CapEx
4%
$178
Vacancy
3%
$133
Maintenance
4%
$178
Other
11%
$489