This property looks like a bad Long-Term investment with a projected -11.18% first-year return on $125k initial cash invested.
-11.18%
Cash On Cash
4.54%
Cap Rate
0.7
DSCR
$3,793
Rent
-$1,163
Cashflow
Cash Flow
$3,793 income − $4,956 expenses = $1,163 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%
$5,945
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,793
Total Expenses
$4,956
Mortgage P&I
85%
$3,221
Property Taxes
14%
$540
Home Insurance
5%
$208
HOA
0%
$0
Property Management
10%
$379
CapEx
5%
$190
Vacancy
6%
$228
Maintenance
5%
$190
Other
0%
$0