This property looks like a bad Mid-Term investment with a projected -7.01% first-year return on $130k initial cash invested.
-7.01%
Cash On Cash
4.8%
Cap Rate
0.78
DSCR
$4,060
Rent
-$758
Cashflow
Cash Flow
$4,060 income − $4,818 expenses = $758 out of pocket
Investment Breakdown
|
Purchase Price
$533k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$107k
Closing costs
1%
$5,326
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,060
Total Expenses
$4,818
Mortgage P&I
67%
$2,725
Property Taxes
13%
$526
Home Insurance
5%
$187
HOA
0%
$0
Property Management
12%
$487
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$447