This property looks like a bad Mid-Term investment with a projected -8.73% first-year return on $130k initial cash invested.
-8.73%
Cash On Cash
4.66%
Cap Rate
0.72
DSCR
$3,792
Rent
-$944
Cashflow
Cash Flow
$3,792 income − $4,736 expenses = $944 out of pocket
Investment Breakdown
|
Purchase Price
$532k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$106k
Closing costs
1%
$5,320
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,792
Total Expenses
$4,736
Mortgage P&I
75%
$2,859
Property Taxes
11%
$433
Home Insurance
4%
$154
HOA
0%
$0
Property Management
12%
$455
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$417