This property looks like a bad Long-Term investment with a projected -18.68% first-year return on $125k initial cash invested.
-18.68%
Cash On Cash
2.67%
Cap Rate
0.42
DSCR
$2,189
Rent
-$1,945
Cashflow
Cash Flow
$2,189 income − $4,134 expenses = $1,945 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%
$5,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,189
Total Expenses
$4,134
Mortgage P&I
144%
$3,161
Property Taxes
9%
$190
Home Insurance
10%
$215
HOA
0%
$0
Property Management
10%
$219
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0