This property looks like a bad Mid-Term investment with a projected -0.64% first-year return on $118k initial cash invested.
-0.64%
Cash On Cash
6.42%
Cap Rate
1.05
DSCR
$4,671
Rent
-$63
Cashflow
Cash Flow
$4,671 income − $4,734 expenses = $63 out of pocket
Investment Breakdown
|
Purchase Price
$477k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$95,420
Closing costs
1%
$4,771
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,671
Total Expenses
$4,734
Mortgage P&I
52%
$2,429
Property Taxes
12%
$558
Home Insurance
3%
$158
HOA
0%
$0
Property Management
12%
$561
CapEx
4%
$187
Vacancy
3%
$140
Maintenance
4%
$187
Other
11%
$514