This property looks like a bad Mid-Term investment with a projected -0.46% first-year return on $112k initial cash invested.
-0.46%
Cash On Cash
6.74%
Cap Rate
1.06
DSCR
$4,461
Rent
-$43
Cashflow
Cash Flow
$4,461 income − $4,504 expenses = $43 out of pocket
Investment Breakdown
|
Purchase Price
$446k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$89,180
Closing costs
1%
$4,459
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,461
Total Expenses
$4,504
Mortgage P&I
53%
$2,369
Property Taxes
10%
$461
Home Insurance
4%
$158
HOA
0%
$0
Property Management
12%
$535
CapEx
4%
$178
Vacancy
3%
$134
Maintenance
4%
$178
Other
11%
$491