This property looks like a bad Long-Term investment with a projected -12.03% first-year return on $125k initial cash invested.
-12.03%
Cash On Cash
4.01%
Cap Rate
0.65
DSCR
$3,399
Rent
-$1,253
Cashflow
Cash Flow
$3,399 income − $4,652 expenses = $1,253 out of pocket
Investment Breakdown
|
Purchase Price
$595k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$119k
Closing costs
1%
$5,951
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,399
Total Expenses
$4,652
Mortgage P&I
90%
$3,070
Property Taxes
14%
$488
Home Insurance
6%
$210
HOA
0%
$0
Property Management
10%
$340
CapEx
5%
$170
Vacancy
6%
$204
Maintenance
5%
$170
Other
0%
$0