This property looks like a bad Mid-Term investment with a projected -6.55% first-year return on $130k initial cash invested.
-6.55%
Cash On Cash
5.27%
Cap Rate
0.81
DSCR
$4,215
Rent
-$712
Cashflow
Cash Flow
$4,215 income − $4,927 expenses = $712 out of pocket
Investment Breakdown
|
Purchase Price
$536k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$107k
Closing costs
1%
$5,356
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,215
Total Expenses
$4,927
Mortgage P&I
69%
$2,893
Property Taxes
10%
$408
Home Insurance
5%
$192
HOA
0%
$0
Property Management
12%
$506
CapEx
4%
$169
Vacancy
3%
$126
Maintenance
4%
$169
Other
11%
$464