This property looks like a bad Mid-Term investment with a projected -6.54% first-year return on $130k initial cash invested.
-6.54%
Cash On Cash
5.38%
Cap Rate
0.82
DSCR
$4,594
Rent
-$710
Cashflow
Cash Flow
$4,594 income − $5,304 expenses = $710 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%
$5,349
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,594
Total Expenses
$5,304
Mortgage P&I
64%
$2,926
Property Taxes
10%
$456
Home Insurance
4%
$189
HOA
4%
$171
Property Management
12%
$551
CapEx
4%
$184
Vacancy
3%
$138
Maintenance
4%
$184
Other
11%
$505