This property looks like a bad Mid-Term investment with a projected -0.16% first-year return on $108k initial cash invested.
-0.16%
Cash On Cash
7.13%
Cap Rate
1.07
DSCR
$4,407
Rent
-$14
Cashflow
Cash Flow
$4,407 income − $4,421 expenses = $14 out of pocket
Investment Breakdown
|
Purchase Price
$427k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$85,300
Closing costs
1%
$4,265
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,407
Total Expenses
$4,421
Mortgage P&I
54%
$2,373
Property Taxes
9%
$401
Home Insurance
3%
$149
HOA
0%
$0
Property Management
12%
$529
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$485