This property looks like a bad Mid-Term investment with a projected -9.64% first-year return on $130k initial cash invested.
-9.64%
Cash On Cash
4.15%
Cap Rate
0.67
DSCR
$3,850
Rent
-$1,044
Cashflow
Cash Flow
$3,850 income − $4,894 expenses = $1,044 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%
$5,330
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,850
Total Expenses
$4,894
Mortgage P&I
71%
$2,735
Property Taxes
15%
$582
Home Insurance
5%
$189
HOA
2%
$78
Property Management
12%
$462
CapEx
4%
$154
Vacancy
3%
$116
Maintenance
4%
$154
Other
11%
$424