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This property looks like a bad Long-Term investment with a projected -10.51% first-year return on $120k initial cash invested.
-10.51%
Cash On Cash
4.21%
Cap Rate
0.69
DSCR
$2,973
Rent
-$1,054
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,973 income − $4,027 expenses = $1,054 out of pocket
Investment Breakdown
|
Purchase Price
$573k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$115k
Closing costs
1%
$5,731
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,973
Total Expenses
$4,027
Mortgage P&I
98%
$2,917
Property Taxes
4%
$121
Home Insurance
7%
$210
HOA
0%
$6
Property Management
10%
$297
CapEx
5%
$149
Vacancy
6%
$178
Maintenance
5%
$149
Other
0%
$0