This property looks like a bad Long-Term investment with a projected -16.49% first-year return on $125k initial cash invested.
-16.49%
Cash On Cash
3.37%
Cap Rate
0.52
DSCR
$3,719
Rent
-$1,715
Cashflow
Cash Flow
$3,719 income − $5,434 expenses = $1,715 out of pocket
Investment Breakdown
|
Purchase Price
$594k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$119k
Closing costs
1%
$5,944
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,719
Total Expenses
$5,434
Mortgage P&I
86%
$3,199
Property Taxes
28%
$1,040
Home Insurance
6%
$228
HOA
0%
$0
Property Management
10%
$372
CapEx
5%
$186
Vacancy
6%
$223
Maintenance
5%
$186
Other
0%
$0