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This property looks like a bad Long-Term investment with a projected -14.35% first-year return on $117k initial cash invested.
-14.35%
Cash On Cash
3.21%
Cap Rate
0.54
DSCR
$2,293
Rent
-$1,397
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,293 income − $3,690 expenses = $1,397 out of pocket
Investment Breakdown
|
Purchase Price
$556k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$111k
Closing costs
1%
$5,563
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,293
Total Expenses
$3,690
Mortgage P&I
121%
$2,768
Property Taxes
5%
$124
Home Insurance
9%
$201
HOA
0%
$0
Property Management
10%
$229
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0