This property looks like a bad Mid-Term investment with a projected -9.64% first-year return on $129k initial cash invested.
-9.64%
Cash On Cash
4.62%
Cap Rate
0.69
DSCR
$3,458
Rent
-$1,039
Cashflow
Cash Flow
$3,458 income − $4,497 expenses = $1,039 out of pocket
Investment Breakdown
|
Purchase Price
$530k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$106k
Closing costs
1%
$5,300
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,458
Total Expenses
$4,497
Mortgage P&I
85%
$2,943
Property Taxes
5%
$180
Home Insurance
5%
$186
HOA
0%
$13
Property Management
12%
$415
CapEx
4%
$138
Vacancy
3%
$104
Maintenance
4%
$138
Other
11%
$380