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This property looks like a bad Mid-Term investment with a projected -19.49% first-year return on $138k initial cash invested.
-19.49%
Cash On Cash
1.57%
Cap Rate
0.26
DSCR
$2,000
Rent
-$2,238
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,000 income − $4,238 expenses = $2,238 out of pocket
Investment Breakdown
|
Purchase Price
$570k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$138k
Downpayment
20%
$114k
Closing costs
1%
$5,704
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$2,000
Total Expenses
$4,238
Mortgage P&I
145%
$2,902
Property Taxes
21%
$422
Home Insurance
12%
$234
HOA
0%
$0
Property Management
12%
$240
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$220