This property looks like a bad Long-Term investment with a projected -1.44% first-year return on $125k initial cash invested.
-1.44%
Cash On Cash
6.9%
Cap Rate
1.04
DSCR
$5,341
Rent
-$150
Cashflow
Cash Flow
$5,341 income − $5,491 expenses = $150 out of pocket
Investment Breakdown
|
Purchase Price
$597k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$119k
Closing costs
1%
$5,965
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,341
Total Expenses
$5,491
Mortgage P&I
62%
$3,313
Property Taxes
11%
$581
Home Insurance
4%
$209
HOA
0%
$0
Property Management
10%
$534
CapEx
5%
$267
Vacancy
6%
$320
Maintenance
5%
$267
Other
0%
$0