This property looks like a bad Mid-Term investment with a projected -8.72% first-year return on $129k initial cash invested.
-8.72%
Cash On Cash
4.74%
Cap Rate
0.72
DSCR
$3,526
Rent
-$940
Cashflow
Cash Flow
$3,526 income − $4,466 expenses = $940 out of pocket
Investment Breakdown
|
Purchase Price
$530k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$106k
Closing costs
1%
$5,300
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,526
Total Expenses
$4,466
Mortgage P&I
82%
$2,892
Property Taxes
4%
$147
Home Insurance
5%
$186
HOA
1%
$42
Property Management
12%
$423
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$388