This property looks like a bad Long-Term investment with a projected -13.67% first-year return on $125k initial cash invested.
-13.67%
Cash On Cash
3.87%
Cap Rate
0.61
DSCR
$3,543
Rent
-$1,422
Cashflow
Cash Flow
$3,543 income − $4,965 expenses = $1,422 out of pocket
Investment Breakdown
|
Purchase Price
$595k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$119k
Closing costs
1%
$5,946
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,543
Total Expenses
$4,965
Mortgage P&I
89%
$3,161
Property Taxes
19%
$673
Home Insurance
6%
$210
HOA
0%
$0
Property Management
10%
$354
CapEx
5%
$177
Vacancy
6%
$213
Maintenance
5%
$177
Other
0%
$0