This property looks like a bad Mid-Term investment with a projected -5.23% first-year return on $130k initial cash invested.
-5.23%
Cash On Cash
5.63%
Cap Rate
0.86
DSCR
$4,125
Rent
-$568
Cashflow
Cash Flow
$4,125 income − $4,693 expenses = $568 out of pocket
Investment Breakdown
|
Purchase Price
$534k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$107k
Closing costs
1%
$5,343
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,125
Total Expenses
$4,693
Mortgage P&I
71%
$2,910
Property Taxes
5%
$188
Home Insurance
5%
$192
HOA
0%
$0
Property Management
12%
$495
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$454