This property looks like a bad Mid-Term investment with a projected -8.02% first-year return on $130k initial cash invested.
-8.02%
Cash On Cash
5.12%
Cap Rate
0.77
DSCR
$4,524
Rent
-$871
Cashflow
Cash Flow
$4,524 income − $5,395 expenses = $871 out of pocket
Investment Breakdown
|
Purchase Price
$535k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$107k
Closing costs
1%
$5,351
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,524
Total Expenses
$5,395
Mortgage P&I
66%
$2,972
Property Taxes
14%
$656
Home Insurance
5%
$228
HOA
0%
$0
Property Management
12%
$543
CapEx
4%
$181
Vacancy
3%
$136
Maintenance
4%
$181
Other
11%
$498