This property looks like a bad Mid-Term investment with a projected -0.21% first-year return on $105k initial cash invested.
-0.21%
Cash On Cash
6.66%
Cap Rate
1.07
DSCR
$4,118
Rent
-$18
Cashflow
Cash Flow
$4,118 income − $4,136 expenses = $18 out of pocket
Investment Breakdown
|
Purchase Price
$412k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$82,480
Closing costs
1%
$4,124
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,118
Total Expenses
$4,136
Mortgage P&I
52%
$2,143
Property Taxes
11%
$445
Home Insurance
4%
$147
HOA
0%
$0
Property Management
12%
$494
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$453