This property looks like a bad Long-Term investment with a projected -22.29% first-year return on $125k initial cash invested.
-22.29%
Cash On Cash
1.67%
Cap Rate
0.27
DSCR
$1,659
Rent
-$2,321
Cashflow
Cash Flow
$1,659 income − $3,980 expenses = $2,321 out of pocket
Investment Breakdown
|
Purchase Price
$595k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$119k
Closing costs
1%
$5,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,659
Total Expenses
$3,980
Mortgage P&I
185%
$3,067
Property Taxes
16%
$273
Home Insurance
13%
$208
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0