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This property looks like a bad Long-Term investment with a projected -20.62% first-year return on $122k initial cash invested.
-20.62%
Cash On Cash
1.9%
Cap Rate
0.32
DSCR
$2,517
Rent
-$2,089
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,517 income − $4,606 expenses = $2,089 out of pocket
Investment Breakdown
|
Purchase Price
$579k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$116k
Closing costs
1%
$5,790
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,517
Total Expenses
$4,606
Mortgage P&I
114%
$2,878
Property Taxes
22%
$545
Home Insurance
8%
$203
HOA
13%
$325
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0