This property looks like a bad Mid-Term investment with a projected -9.57% first-year return on $130k initial cash invested.
-9.57%
Cash On Cash
4.34%
Cap Rate
0.69
DSCR
$3,766
Rent
-$1,034
Cashflow
Cash Flow
$3,766 income − $4,800 expenses = $1,034 out of pocket
Investment Breakdown
|
Purchase Price
$532k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$106k
Closing costs
1%
$5,318
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,766
Total Expenses
$4,800
Mortgage P&I
75%
$2,806
Property Taxes
11%
$424
Home Insurance
8%
$289
HOA
0%
$0
Property Management
12%
$452
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$414