This property looks like a bad Long-Term investment with a projected -8.17% first-year return on $125k initial cash invested.
-8.17%
Cash On Cash
4.82%
Cap Rate
0.79
DSCR
$3,914
Rent
-$849
Cashflow
Cash Flow
$3,914 income − $4,763 expenses = $849 out of pocket
Investment Breakdown
|
Purchase Price
$594k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$119k
Closing costs
1%
$5,937
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,914
Total Expenses
$4,763
Mortgage P&I
78%
$3,038
Property Taxes
12%
$455
Home Insurance
5%
$210
HOA
1%
$42
Property Management
10%
$391
CapEx
5%
$196
Vacancy
6%
$235
Maintenance
5%
$196
Other
0%
$0