This property looks like a bad Mid-Term investment with a projected -0.95% first-year return on $109k initial cash invested.
-0.95%
Cash On Cash
6.68%
Cap Rate
1.04
DSCR
$4,254
Rent
-$86
Cashflow
Cash Flow
$4,254 income − $4,340 expenses = $86 out of pocket
Investment Breakdown
|
Purchase Price
$434k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,740
Closing costs
1%
$4,337
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,254
Total Expenses
$4,340
Mortgage P&I
55%
$2,331
Property Taxes
10%
$405
Home Insurance
4%
$158
HOA
0%
$0
Property Management
12%
$510
CapEx
4%
$170
Vacancy
3%
$128
Maintenance
4%
$170
Other
11%
$468