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This property looks like a bad Long-Term investment with a projected -8.89% first-year return on $123k initial cash invested.
-8.89%
Cash On Cash
4.42%
Cap Rate
0.74
DSCR
$3,322
Rent
-$910
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,322 income − $4,232 expenses = $910 out of pocket
Investment Breakdown
|
Purchase Price
$585k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$117k
Closing costs
1%
$5,848
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,322
Total Expenses
$4,232
Mortgage P&I
87%
$2,896
Property Taxes
8%
$263
Home Insurance
6%
$210
HOA
0%
$0
Property Management
10%
$332
CapEx
5%
$166
Vacancy
6%
$199
Maintenance
5%
$166
Other
0%
$0