This property looks like a bad Mid-Term investment with a projected -0.09% first-year return on $109k initial cash invested.
-0.09%
Cash On Cash
6.9%
Cap Rate
1.07
DSCR
$4,473
Rent
-$8
Cashflow
Cash Flow
$4,473 income − $4,481 expenses = $8 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%
$86,820
Closing costs
1%
$4,341
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,473
Total Expenses
$4,481
Mortgage P&I
52%
$2,324
Property Taxes
11%
$475
Home Insurance
4%
$161
HOA
0%
$0
Property Management
12%
$537
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$492