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This property looks like a bad Long-Term investment with a projected -14.91% first-year return on $123k initial cash invested.
-14.91%
Cash On Cash
3.18%
Cap Rate
0.53
DSCR
$2,808
Rent
-$1,530
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,808 income − $4,338 expenses = $1,530 out of pocket
Investment Breakdown
|
Purchase Price
$586k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$117k
Closing costs
1%
$5,863
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,808
Total Expenses
$4,338
Mortgage P&I
105%
$2,942
Property Taxes
14%
$396
Home Insurance
10%
$271
HOA
0%
$0
Property Management
10%
$281
CapEx
5%
$140
Vacancy
6%
$168
Maintenance
5%
$140
Other
0%
$0