This property looks like a bad Long-Term investment with a projected -19.98% first-year return on $125k initial cash invested.
-19.98%
Cash On Cash
2.12%
Cap Rate
0.35
DSCR
$2,133
Rent
-$2,084
Cashflow
Cash Flow
$2,133 income − $4,217 expenses = $2,084 out of pocket
Investment Breakdown
|
Purchase Price
$596k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$119k
Closing costs
1%
$5,961
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,133
Total Expenses
$4,217
Mortgage P&I
142%
$3,031
Property Taxes
20%
$416
Home Insurance
10%
$215
HOA
0%
$0
Property Management
10%
$213
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0