This property looks like a bad Long-Term investment with a projected -18.66% first-year return on $126k initial cash invested.
-18.66%
Cash On Cash
2.73%
Cap Rate
0.42
DSCR
$2,202
Rent
-$1,959
Cashflow
Cash Flow
$2,202 income − $4,161 expenses = $1,959 out of pocket
Investment Breakdown
|
Purchase Price
$600k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$126k
Downpayment
20%
$120k
Closing costs
1%
$5,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,202
Total Expenses
$4,161
Mortgage P&I
146%
$3,215
Property Taxes
7%
$164
Home Insurance
10%
$210
HOA
0%
$0
Property Management
10%
$220
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0