This property looks like a bad Long-Term investment with a projected -19.93% first-year return on $125k initial cash invested.
-19.93%
Cash On Cash
2.55%
Cap Rate
0.39
DSCR
$2,541
Rent
-$2,075
Cashflow
Cash Flow
$2,541 income − $4,616 expenses = $2,075 out of pocket
Investment Breakdown
|
Purchase Price
$595k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$119k
Closing costs
1%
$5,949
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,541
Total Expenses
$4,616
Mortgage P&I
126%
$3,213
Property Taxes
22%
$547
Home Insurance
8%
$196
HOA
0%
$0
Property Management
10%
$254
CapEx
5%
$127
Vacancy
6%
$152
Maintenance
5%
$127
Other
0%
$0