This property looks like a bad Mid-Term investment with a projected -0.37% first-year return on $110k initial cash invested.
-0.37%
Cash On Cash
6.92%
Cap Rate
1.05
DSCR
$4,102
Rent
-$34
Cashflow
Cash Flow
$4,102 income − $4,136 expenses = $34 out of pocket
Investment Breakdown
|
Purchase Price
$440k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$87,980
Closing costs
1%
$4,399
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,102
Total Expenses
$4,136
Mortgage P&I
59%
$2,408
Property Taxes
4%
$180
Home Insurance
4%
$154
HOA
0%
$0
Property Management
12%
$492
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$451