This property looks like a bad Mid-Term investment with a projected -1.44% first-year return on $105k initial cash invested.
-1.44%
Cash On Cash
6.68%
Cap Rate
1.02
DSCR
$4,166
Rent
-$126
Cashflow
Cash Flow
$4,166 income − $4,292 expenses = $126 out of pocket
Investment Breakdown
|
Purchase Price
$415k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$82,980
Closing costs
1%
$4,149
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,166
Total Expenses
$4,292
Mortgage P&I
54%
$2,270
Property Taxes
10%
$402
Home Insurance
3%
$145
HOA
1%
$58
Property Management
12%
$500
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$458