This property looks like a bad Long-Term investment with a projected -17.81% first-year return on $125k initial cash invested.
-17.81%
Cash On Cash
3.06%
Cap Rate
0.47
DSCR
$2,693
Rent
-$1,854
Cashflow
Cash Flow
$2,693 income − $4,547 expenses = $1,854 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%
$5,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,693
Total Expenses
$4,547
Mortgage P&I
120%
$3,236
Property Taxes
14%
$373
Home Insurance
8%
$210
HOA
1%
$27
Property Management
10%
$269
CapEx
5%
$135
Vacancy
6%
$162
Maintenance
5%
$135
Other
0%
$0