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This property looks like a bad Long-Term investment with a projected -19.97% first-year return on $121k initial cash invested.
-19.97%
Cash On Cash
2.14%
Cap Rate
0.35
DSCR
$2,394
Rent
-$2,008
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,394 income − $4,402 expenses = $2,008 out of pocket
Investment Breakdown
|
Purchase Price
$575k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$115k
Closing costs
1%
$5,747
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,394
Total Expenses
$4,402
Mortgage P&I
122%
$2,915
Property Taxes
24%
$574
Home Insurance
9%
$210
HOA
3%
$80
Property Management
10%
$239
CapEx
5%
$120
Vacancy
6%
$144
Maintenance
5%
$120
Other
0%
$0