This property looks like a bad Mid-Term investment with a projected -0.2% first-year return on $109k initial cash invested.
-0.2%
Cash On Cash
7.12%
Cap Rate
1.06
DSCR
$4,328
Rent
-$18
Cashflow
Cash Flow
$4,328 income − $4,346 expenses = $18 out of pocket
Investment Breakdown
|
Purchase Price
$431k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,260
Closing costs
1%
$4,313
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,328
Total Expenses
$4,346
Mortgage P&I
56%
$2,404
Property Taxes
8%
$331
Home Insurance
3%
$140
HOA
0%
$0
Property Management
12%
$519
CapEx
4%
$173
Vacancy
3%
$130
Maintenance
4%
$173
Other
11%
$476