This property looks like a bad Mid-Term investment with a projected -5.02% first-year return on $130k initial cash invested.
-5.02%
Cash On Cash
5.68%
Cap Rate
0.87
DSCR
$4,122
Rent
-$544
Cashflow
Cash Flow
$4,122 income − $4,666 expenses = $544 out of pocket
Investment Breakdown
|
Purchase Price
$533k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$107k
Closing costs
1%
$5,330
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,122
Total Expenses
$4,666
Mortgage P&I
70%
$2,902
Property Taxes
4%
$170
Home Insurance
5%
$192
HOA
0%
$0
Property Management
12%
$495
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$453