This property looks like a bad Mid-Term investment with a projected -5.72% first-year return on $130k initial cash invested.
-5.72%
Cash On Cash
5.68%
Cap Rate
0.86
DSCR
$5,127
Rent
-$618
Cashflow
Cash Flow
$5,127 income − $5,745 expenses = $618 out of pocket
Investment Breakdown
|
Purchase Price
$532k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$106k
Closing costs
1%
$5,315
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,127
Total Expenses
$5,745
Mortgage P&I
57%
$2,929
Property Taxes
17%
$881
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$615
CapEx
4%
$205
Vacancy
3%
$154
Maintenance
4%
$205
Other
11%
$564