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This property looks like a bad Long-Term investment with a projected -16.53% first-year return on $115k initial cash invested.
-16.53%
Cash On Cash
3.22%
Cap Rate
0.5
DSCR
$2,388
Rent
-$1,588
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,388 income − $3,976 expenses = $1,588 out of pocket
Investment Breakdown
|
Purchase Price
$549k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$115k
Downpayment
20%
$110k
Closing costs
1%
$5,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,388
Total Expenses
$3,976
Mortgage P&I
123%
$2,940
Property Taxes
9%
$224
Home Insurance
8%
$192
HOA
0%
$0
Property Management
10%
$239
CapEx
5%
$119
Vacancy
6%
$143
Maintenance
5%
$119
Other
0%
$0