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This property looks like a bad Long-Term investment with a projected -11.88% first-year return on $121k initial cash invested.
-11.88%
Cash On Cash
3.61%
Cap Rate
0.63
DSCR
$3,234
Rent
-$1,195
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,234 income − $4,429 expenses = $1,195 out of pocket
Investment Breakdown
|
Purchase Price
$575k
Downpayment
20.0%
Interest Rate
6.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$115k
Closing costs
1%
$5,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,234
Total Expenses
$4,429
Mortgage P&I
85%
$2,764
Property Taxes
12%
$373
Home Insurance
6%
$201
HOA
8%
$250
Property Management
10%
$323
CapEx
5%
$162
Vacancy
6%
$194
Maintenance
5%
$162
Other
0%
$0