This property looks like a bad Mid-Term investment with a projected -0.21% first-year return on $103k initial cash invested.
-0.21%
Cash On Cash
7.04%
Cap Rate
1.07
DSCR
$4,107
Rent
-$18
Cashflow
Cash Flow
$4,107 income − $4,125 expenses = $18 out of pocket
Investment Breakdown
|
Purchase Price
$405k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$81,000
Closing costs
1%
$4,050
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,107
Total Expenses
$4,125
Mortgage P&I
54%
$2,231
Property Taxes
9%
$356
Home Insurance
3%
$142
HOA
0%
$0
Property Management
12%
$493
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$452