This property looks like a bad Mid-Term investment with a projected -8.54% first-year return on $130k initial cash invested.
-8.54%
Cash On Cash
4.65%
Cap Rate
0.73
DSCR
$3,885
Rent
-$927
Cashflow
Cash Flow
$3,885 income − $4,812 expenses = $927 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%
$5,344
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,885
Total Expenses
$4,812
Mortgage P&I
73%
$2,842
Property Taxes
12%
$459
Home Insurance
5%
$191
HOA
0%
$0
Property Management
12%
$466
CapEx
4%
$155
Vacancy
3%
$117
Maintenance
4%
$155
Other
11%
$427