This property looks like a bad Mid-Term investment with a projected -5.23% first-year return on $130k initial cash invested.
-5.23%
Cash On Cash
5.55%
Cap Rate
0.86
DSCR
$4,478
Rent
-$567
Cashflow
Cash Flow
$4,478 income − $5,045 expenses = $567 out of pocket
Investment Breakdown
|
Purchase Price
$534k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$107k
Closing costs
1%
$5,340
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,478
Total Expenses
$5,045
Mortgage P&I
64%
$2,856
Property Taxes
7%
$323
Home Insurance
4%
$192
HOA
3%
$152
Property Management
12%
$537
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$493