This property looks like a bad Long-Term investment with a projected -15.92% first-year return on $125k initial cash invested.
-15.92%
Cash On Cash
3.42%
Cap Rate
0.53
DSCR
$3,316
Rent
-$1,652
Cashflow
Cash Flow
$3,316 income − $4,968 expenses = $1,652 out of pocket
Investment Breakdown
|
Purchase Price
$593k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$119k
Closing costs
1%
$5,931
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,316
Total Expenses
$4,968
Mortgage P&I
96%
$3,177
Property Taxes
21%
$705
Home Insurance
6%
$210
HOA
0%
$13
Property Management
10%
$332
CapEx
5%
$166
Vacancy
6%
$199
Maintenance
5%
$166
Other
0%
$0