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This property looks like a bad Long-Term investment with a projected -14.09% first-year return on $121k initial cash invested.
-14.09%
Cash On Cash
3.24%
Cap Rate
0.54
DSCR
$2,271
Rent
-$1,418
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,271 income − $3,689 expenses = $1,418 out of pocket
Investment Breakdown
|
Purchase Price
$575k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$115k
Closing costs
1%
$5,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,271
Total Expenses
$3,689
Mortgage P&I
126%
$2,855
Property Taxes
2%
$42
Home Insurance
9%
$201
HOA
0%
$0
Property Management
10%
$227
CapEx
5%
$114
Vacancy
6%
$136
Maintenance
5%
$114
Other
0%
$0