This property looks like a bad Long-Term investment with a projected -3.92% first-year return on $125k initial cash invested.
-3.92%
Cash On Cash
5.99%
Cap Rate
0.95
DSCR
$5,268
Rent
-$408
Cashflow
Cash Flow
$5,268 income − $5,676 expenses = $408 out of pocket
Investment Breakdown
|
Purchase Price
$595k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$119k
Closing costs
1%
$5,948
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,268
Total Expenses
$5,676
Mortgage P&I
59%
$3,113
Property Taxes
12%
$634
Home Insurance
4%
$228
HOA
6%
$332
Property Management
10%
$527
CapEx
5%
$263
Vacancy
6%
$316
Maintenance
5%
$263
Other
0%
$0