This property looks like a bad Mid-Term investment with a projected -10.54% first-year return on $130k initial cash invested.
-10.54%
Cash On Cash
4.23%
Cap Rate
0.66
DSCR
$3,933
Rent
-$1,140
Cashflow
Cash Flow
$3,933 income − $5,073 expenses = $1,140 out of pocket
Investment Breakdown
|
Purchase Price
$533k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$107k
Closing costs
1%
$5,326
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,933
Total Expenses
$5,073
Mortgage P&I
73%
$2,861
Property Taxes
17%
$657
Home Insurance
5%
$189
HOA
1%
$29
Property Management
12%
$472
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$433