This property looks like a bad Mid-Term investment with a projected -9.7% first-year return on $130k initial cash invested.
-9.7%
Cash On Cash
4.56%
Cap Rate
0.69
DSCR
$3,956
Rent
-$1,052
Cashflow
Cash Flow
$3,956 income − $5,008 expenses = $1,052 out of pocket
Investment Breakdown
|
Purchase Price
$534k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$107k
Closing costs
1%
$5,340
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,956
Total Expenses
$5,008
Mortgage P&I
74%
$2,924
Property Taxes
14%
$544
Home Insurance
5%
$195
HOA
0%
$0
Property Management
12%
$475
CapEx
4%
$158
Vacancy
3%
$119
Maintenance
4%
$158
Other
11%
$435