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This property looks like a bad Long-Term investment with a projected -12.39% first-year return on $117k initial cash invested.
-12.39%
Cash On Cash
3.8%
Cap Rate
0.62
DSCR
$2,806
Rent
-$1,204
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,806 income − $4,010 expenses = $1,204 out of pocket
Investment Breakdown
|
Purchase Price
$556k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$111k
Closing costs
1%
$5,555
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,806
Total Expenses
$4,010
Mortgage P&I
101%
$2,824
Property Taxes
3%
$91
Home Insurance
7%
$201
HOA
6%
$165
Property Management
10%
$281
CapEx
5%
$140
Vacancy
6%
$168
Maintenance
5%
$140
Other
0%
$0