This property looks like a bad Mid-Term investment with a projected -7.67% first-year return on $130k initial cash invested.
-7.67%
Cash On Cash
5.01%
Cap Rate
0.77
DSCR
$4,275
Rent
-$831
Cashflow
Cash Flow
$4,275 income − $5,106 expenses = $831 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%
$5,336
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,275
Total Expenses
$5,106
Mortgage P&I
68%
$2,888
Property Taxes
13%
$573
Home Insurance
4%
$192
HOA
0%
$0
Property Management
12%
$513
CapEx
4%
$171
Vacancy
3%
$128
Maintenance
4%
$171
Other
11%
$470