This property looks like a bad Mid-Term investment with a projected -7.2% first-year return on $130k initial cash invested.
-7.2%
Cash On Cash
5.35%
Cap Rate
0.8
DSCR
$4,376
Rent
-$782
Cashflow
Cash Flow
$4,376 income − $5,158 expenses = $782 out of pocket
Investment Breakdown
|
Purchase Price
$535k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$107k
Closing costs
1%
$5,350
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,376
Total Expenses
$5,158
Mortgage P&I
68%
$2,990
Property Taxes
4%
$169
Home Insurance
4%
$187
HOA
7%
$325
Property Management
12%
$525
CapEx
4%
$175
Vacancy
3%
$131
Maintenance
4%
$175
Other
11%
$481