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This property looks like a bad Long-Term investment with a projected -9.24% first-year return on $123k initial cash invested.
-9.24%
Cash On Cash
4.18%
Cap Rate
0.72
DSCR
$3,441
Rent
-$950
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,441 income − $4,391 expenses = $950 out of pocket
Investment Breakdown
|
Purchase Price
$588k
Downpayment
20.0%
Interest Rate
6.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$118k
Closing costs
1%
$5,875
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,441
Total Expenses
$4,391
Mortgage P&I
82%
$2,825
Property Taxes
13%
$462
Home Insurance
6%
$210
HOA
0%
$0
Property Management
10%
$344
CapEx
5%
$172
Vacancy
6%
$206
Maintenance
5%
$172
Other
0%
$0