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This property looks like a bad Long-Term investment with a projected -13.02% first-year return on $118k initial cash invested.
-13.02%
Cash On Cash
3.5%
Cap Rate
0.59
DSCR
$2,562
Rent
-$1,284
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,562 income − $3,846 expenses = $1,284 out of pocket
Investment Breakdown
|
Purchase Price
$563k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$113k
Closing costs
1%
$5,634
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,562
Total Expenses
$3,846
Mortgage P&I
109%
$2,801
Property Taxes
6%
$162
Home Insurance
8%
$217
HOA
0%
$0
Property Management
10%
$256
CapEx
5%
$128
Vacancy
6%
$154
Maintenance
5%
$128
Other
0%
$0