This property looks like a bad Long-Term investment with a projected -15.67% first-year return on $125k initial cash invested.
-15.67%
Cash On Cash
3.16%
Cap Rate
0.52
DSCR
$3,800
Rent
-$1,632
Cashflow
Cash Flow
$3,800 income − $5,432 expenses = $1,632 out of pocket
Investment Breakdown
|
Purchase Price
$595k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$119k
Closing costs
1%
$5,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,800
Total Expenses
$5,432
Mortgage P&I
79%
$3,011
Property Taxes
32%
$1,225
Home Insurance
5%
$208
HOA
0%
$0
Property Management
10%
$380
CapEx
5%
$190
Vacancy
6%
$228
Maintenance
5%
$190
Other
0%
$0