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This property looks like a bad Long-Term investment with a projected -13.24% first-year return on $122k initial cash invested.
-13.24%
Cash On Cash
3.48%
Cap Rate
0.58
DSCR
$2,888
Rent
-$1,351
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,888 income − $4,239 expenses = $1,351 out of pocket
Investment Breakdown
|
Purchase Price
$583k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$117k
Closing costs
1%
$5,833
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,888
Total Expenses
$4,239
Mortgage P&I
100%
$2,900
Property Taxes
13%
$383
Home Insurance
7%
$206
HOA
0%
$0
Property Management
10%
$289
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0