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This property looks like a bad Long-Term investment with a projected -12.27% first-year return on $115k initial cash invested.
-12.27%
Cash On Cash
3.74%
Cap Rate
0.62
DSCR
$2,890
Rent
-$1,181
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,890 income − $4,071 expenses = $1,181 out of pocket
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$115k
Downpayment
20%
$110k
Closing costs
1%
$5,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,890
Total Expenses
$4,071
Mortgage P&I
95%
$2,753
Property Taxes
13%
$376
Home Insurance
7%
$192
HOA
0%
$0
Property Management
10%
$289
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0