This property looks like a bad Mid-Term investment with a projected -9.53% first-year return on $131k initial cash invested.
-9.53%
Cash On Cash
4.52%
Cap Rate
0.69
DSCR
$3,171
Rent
-$1,037
Cashflow
Cash Flow
$3,171 income − $4,208 expenses = $1,037 out of pocket
Investment Breakdown
|
Purchase Price
$536k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$107k
Closing costs
1%
$5,361
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,171
Total Expenses
$4,208
Mortgage P&I
92%
$2,929
Property Taxes
0%
$8
Home Insurance
6%
$192
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349