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This property looks like a bad Long-Term investment with a projected -14.49% first-year return on $119k initial cash invested.
-14.49%
Cash On Cash
3.47%
Cap Rate
0.56
DSCR
$2,458
Rent
-$1,440
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,458 income − $3,898 expenses = $1,440 out of pocket
Investment Breakdown
|
Purchase Price
$568k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$119k
Downpayment
20%
$114k
Closing costs
1%
$5,679
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,458
Total Expenses
$3,898
Mortgage P&I
120%
$2,960
Property Taxes
3%
$79
Home Insurance
8%
$199
HOA
1%
$21
Property Management
10%
$246
CapEx
5%
$123
Vacancy
6%
$147
Maintenance
5%
$123
Other
0%
$0