This property looks like a bad Mid-Term investment with a projected -7.01% first-year return on $130k initial cash invested.
-7.01%
Cash On Cash
5.25%
Cap Rate
0.8
DSCR
$4,244
Rent
-$761
Cashflow
Cash Flow
$4,244 income − $5,005 expenses = $761 out of pocket
Investment Breakdown
|
Purchase Price
$535k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$107k
Closing costs
1%
$5,350
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,244
Total Expenses
$5,005
Mortgage P&I
69%
$2,932
Property Taxes
10%
$443
Home Insurance
4%
$187
HOA
0%
$0
Property Management
12%
$509
CapEx
4%
$170
Vacancy
3%
$127
Maintenance
4%
$170
Other
11%
$467