This property looks like a bad Long-Term investment with a projected -19.78% first-year return on $125k initial cash invested.
-19.78%
Cash On Cash
2.65%
Cap Rate
0.4
DSCR
$2,336
Rent
-$2,068
Cashflow
Cash Flow
$2,336 income − $4,404 expenses = $2,068 out of pocket
Investment Breakdown
|
Purchase Price
$598k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$120k
Closing costs
1%
$5,975
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,336
Total Expenses
$4,404
Mortgage P&I
140%
$3,271
Property Taxes
13%
$306
Home Insurance
9%
$219
HOA
0%
$0
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0