This property looks like a bad Mid-Term investment with a projected -0.02% first-year return on $104k initial cash invested.
-0.02%
Cash On Cash
7.27%
Cap Rate
1.08
DSCR
$4,764
Rent
-$2
Cashflow
Cash Flow
$4,764 income − $4,766 expenses = $2 out of pocket
Investment Breakdown
|
Purchase Price
$408k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$81,540
Closing costs
1%
$4,077
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,764
Total Expenses
$4,766
Mortgage P&I
48%
$2,280
Property Taxes
15%
$720
Home Insurance
3%
$145
HOA
0%
$0
Property Management
12%
$572
CapEx
4%
$191
Vacancy
3%
$143
Maintenance
4%
$191
Other
11%
$524