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This property looks like a bad Long-Term investment with a projected -14.07% first-year return on $123k initial cash invested.
-14.07%
Cash On Cash
3.17%
Cap Rate
0.54
DSCR
$2,276
Rent
-$1,440
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,276 income − $3,716 expenses = $1,440 out of pocket
Investment Breakdown
|
Purchase Price
$585k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$117k
Closing costs
1%
$5,850
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,276
Total Expenses
$3,716
Mortgage P&I
126%
$2,873
Property Taxes
1%
$20
Home Insurance
9%
$205
HOA
1%
$25
Property Management
10%
$228
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0