This property looks like a bad Mid-Term investment with a projected -0.57% first-year return on $130k initial cash invested.
-0.57%
Cash On Cash
6.35%
Cap Rate
1.05
DSCR
$4,851
Rent
-$62
Cashflow
Cash Flow
$4,851 income − $4,913 expenses = $62 out of pocket
Investment Breakdown
|
Purchase Price
$535k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$107k
Closing costs
1%
$5,347
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,851
Total Expenses
$4,913
Mortgage P&I
56%
$2,696
Property Taxes
8%
$367
Home Insurance
4%
$200
HOA
0%
$0
Property Management
12%
$582
CapEx
4%
$194
Vacancy
3%
$146
Maintenance
4%
$194
Other
11%
$534