This property looks like a bad Long-Term investment with a projected -11.85% first-year return on $125k initial cash invested.
-11.85%
Cash On Cash
4.5%
Cap Rate
0.68
DSCR
$3,528
Rent
-$1,235
Cashflow
Cash Flow
$3,528 income − $4,763 expenses = $1,235 out of pocket
Investment Breakdown
|
Purchase Price
$595k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$119k
Closing costs
1%
$5,953
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,528
Total Expenses
$4,763
Mortgage P&I
93%
$3,289
Property Taxes
7%
$242
Home Insurance
5%
$182
HOA
4%
$133
Property Management
10%
$353
CapEx
5%
$176
Vacancy
6%
$212
Maintenance
5%
$176
Other
0%
$0