This property looks like a bad Mid-Term investment with a projected -0.52% first-year return on $130k initial cash invested.
-0.52%
Cash On Cash
6.6%
Cap Rate
1.04
DSCR
$4,551
Rent
-$56
Cashflow
Cash Flow
$4,551 income − $4,607 expenses = $56 out of pocket
Investment Breakdown
|
Purchase Price
$535k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$107k
Closing costs
1%
$5,348
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,551
Total Expenses
$4,607
Mortgage P&I
62%
$2,817
Property Taxes
1%
$41
Home Insurance
4%
$201
HOA
0%
$0
Property Management
12%
$546
CapEx
4%
$182
Vacancy
3%
$137
Maintenance
4%
$182
Other
11%
$501