This property looks like a bad Long-Term investment with a projected -18.03% first-year return on $125k initial cash invested.
-18.03%
Cash On Cash
3.06%
Cap Rate
0.47
DSCR
$3,118
Rent
-$1,875
Cashflow
Cash Flow
$3,118 income − $4,993 expenses = $1,875 out of pocket
Investment Breakdown
|
Purchase Price
$594k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$119k
Closing costs
1%
$5,941
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,118
Total Expenses
$4,993
Mortgage P&I
104%
$3,236
Property Taxes
21%
$663
Home Insurance
8%
$238
HOA
1%
$45
Property Management
10%
$312
CapEx
5%
$156
Vacancy
6%
$187
Maintenance
5%
$156
Other
0%
$0