This property looks like a bad Mid-Term investment with a projected -0.04% first-year return on $109k initial cash invested.
-0.04%
Cash On Cash
6.83%
Cap Rate
1.07
DSCR
$4,161
Rent
-$4
Cashflow
Cash Flow
$4,161 income − $4,165 expenses = $4 out of pocket
Investment Breakdown
|
Purchase Price
$433k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,660
Closing costs
1%
$4,333
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,161
Total Expenses
$4,165
Mortgage P&I
55%
$2,306
Property Taxes
7%
$289
Home Insurance
4%
$156
HOA
0%
$0
Property Management
12%
$499
CapEx
4%
$166
Vacancy
3%
$125
Maintenance
4%
$166
Other
11%
$458