This property looks like a bad Mid-Term investment with a projected -0.74% first-year return on $131k initial cash invested.
-0.74%
Cash On Cash
7.13%
Cap Rate
1.05
DSCR
$5,739
Rent
-$81
Cashflow
Cash Flow
$5,739 income − $5,820 expenses = $81 out of pocket
Investment Breakdown
|
Purchase Price
$539k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$108k
Closing costs
1%
$5,389
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,739
Total Expenses
$5,820
Mortgage P&I
53%
$3,051
Property Taxes
11%
$626
Home Insurance
3%
$191
HOA
0%
$0
Property Management
12%
$689
CapEx
4%
$230
Vacancy
3%
$172
Maintenance
4%
$230
Other
11%
$631