This property looks like a bad Mid-Term investment with a projected -4.77% first-year return on $130k initial cash invested.
-4.77%
Cash On Cash
5.35%
Cap Rate
0.87
DSCR
$4,204
Rent
-$517
Cashflow
Cash Flow
$4,204 income − $4,721 expenses = $517 out of pocket
Investment Breakdown
|
Purchase Price
$534k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$107k
Closing costs
1%
$5,341
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,204
Total Expenses
$4,721
Mortgage P&I
65%
$2,728
Property Taxes
9%
$376
Home Insurance
5%
$189
HOA
0%
$0
Property Management
12%
$504
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$462