This property looks like a bad Mid-Term investment with a projected -11.42% first-year return on $130k initial cash invested.
-11.42%
Cash On Cash
4.08%
Cap Rate
0.63
DSCR
$3,848
Rent
-$1,235
Cashflow
Cash Flow
$3,848 income − $5,083 expenses = $1,235 out of pocket
Investment Breakdown
|
Purchase Price
$532k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$106k
Closing costs
1%
$5,320
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,848
Total Expenses
$5,083
Mortgage P&I
75%
$2,888
Property Taxes
17%
$652
Home Insurance
5%
$210
HOA
1%
$25
Property Management
12%
$462
CapEx
4%
$154
Vacancy
3%
$115
Maintenance
4%
$154
Other
11%
$423