This property looks like a bad Mid-Term investment with a projected -9.93% first-year return on $130k initial cash invested.
-9.93%
Cash On Cash
4.45%
Cap Rate
0.68
DSCR
$3,418
Rent
-$1,080
Cashflow
Cash Flow
$3,418 income − $4,498 expenses = $1,080 out of pocket
Investment Breakdown
|
Purchase Price
$536k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$107k
Closing costs
1%
$5,355
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,418
Total Expenses
$4,498
Mortgage P&I
86%
$2,931
Property Taxes
6%
$212
Home Insurance
6%
$192
HOA
0%
$0
Property Management
12%
$410
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$376