This property looks like a bad Long-Term investment with a projected -15.61% first-year return on $125k initial cash invested.
-15.61%
Cash On Cash
3.87%
Cap Rate
0.57
DSCR
$3,680
Rent
-$1,624
Cashflow
Cash Flow
$3,680 income − $5,304 expenses = $1,624 out of pocket
Investment Breakdown
|
Purchase Price
$594k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$119k
Closing costs
1%
$5,944
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,680
Total Expenses
$5,304
Mortgage P&I
91%
$3,356
Property Taxes
21%
$763
Home Insurance
6%
$228
HOA
0%
$0
Property Management
10%
$368
CapEx
5%
$184
Vacancy
6%
$221
Maintenance
5%
$184
Other
0%
$0