This property looks like a bad Mid-Term investment with a projected -8.89% first-year return on $130k initial cash invested.
-8.89%
Cash On Cash
4.6%
Cap Rate
0.72
DSCR
$3,976
Rent
-$966
Cashflow
Cash Flow
$3,976 income − $4,942 expenses = $966 out of pocket
Investment Breakdown
|
Purchase Price
$535k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$107k
Closing costs
1%
$5,350
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,976
Total Expenses
$4,942
Mortgage P&I
72%
$2,857
Property Taxes
11%
$457
Home Insurance
5%
$187
HOA
2%
$90
Property Management
12%
$477
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$437