This property looks like a bad Long-Term investment with a projected -20.07% first-year return on $125k initial cash invested.
-20.07%
Cash On Cash
2.25%
Cap Rate
0.36
DSCR
$2,277
Rent
-$2,088
Cashflow
Cash Flow
$2,277 income − $4,365 expenses = $2,088 out of pocket
Investment Breakdown
|
Purchase Price
$594k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$119k
Closing costs
1%
$5,944
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,277
Total Expenses
$4,365
Mortgage P&I
136%
$3,090
Property Taxes
21%
$472
Home Insurance
9%
$210
HOA
0%
$0
Property Management
10%
$228
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0