This property looks like a bad Long-Term investment with a projected -7.76% first-year return on $125k initial cash invested.
-7.76%
Cash On Cash
4.87%
Cap Rate
0.8
DSCR
$3,973
Rent
-$807
Cashflow
Cash Flow
$3,973 income − $4,780 expenses = $807 out of pocket
Investment Breakdown
|
Purchase Price
$594k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$119k
Closing costs
1%
$5,939
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,973
Total Expenses
$4,780
Mortgage P&I
76%
$3,018
Property Taxes
13%
$519
Home Insurance
5%
$210
HOA
0%
$0
Property Management
10%
$397
CapEx
5%
$199
Vacancy
6%
$238
Maintenance
5%
$199
Other
0%
$0