This property looks like a bad Mid-Term investment with a projected -5.92% first-year return on $130k initial cash invested.
-5.92%
Cash On Cash
5.03%
Cap Rate
0.83
DSCR
$4,716
Rent
-$643
Cashflow
Cash Flow
$4,716 income − $5,359 expenses = $643 out of pocket
Investment Breakdown
|
Purchase Price
$535k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$107k
Closing costs
1%
$5,346
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,716
Total Expenses
$5,359
Mortgage P&I
57%
$2,694
Property Taxes
18%
$862
Home Insurance
4%
$199
HOA
0%
$0
Property Management
12%
$566
CapEx
4%
$189
Vacancy
3%
$141
Maintenance
4%
$189
Other
11%
$519