This property looks like a bad Mid-Term investment with a projected -5.88% first-year return on $131k initial cash invested.
-5.88%
Cash On Cash
5.34%
Cap Rate
0.84
DSCR
$4,672
Rent
-$640
Cashflow
Cash Flow
$4,672 income − $5,312 expenses = $640 out of pocket
Investment Breakdown
|
Purchase Price
$536k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$107k
Closing costs
1%
$5,361
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,672
Total Expenses
$5,312
Mortgage P&I
61%
$2,839
Property Taxes
11%
$516
Home Insurance
4%
$188
HOA
4%
$180
Property Management
12%
$561
CapEx
4%
$187
Vacancy
3%
$140
Maintenance
4%
$187
Other
11%
$514