This property looks like a bad Long-Term investment with a projected -14.67% first-year return on $125k initial cash invested.
-14.67%
Cash On Cash
3.87%
Cap Rate
0.59
DSCR
$3,514
Rent
-$1,529
Cashflow
Cash Flow
$3,514 income − $5,043 expenses = $1,529 out of pocket
Investment Breakdown
|
Purchase Price
$595k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$119k
Closing costs
1%
$5,954
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,514
Total Expenses
$5,043
Mortgage P&I
93%
$3,272
Property Taxes
18%
$647
Home Insurance
6%
$210
HOA
0%
$0
Property Management
10%
$351
CapEx
5%
$176
Vacancy
6%
$211
Maintenance
5%
$176
Other
0%
$0