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This property looks like a bad Long-Term investment with a projected -24.06% first-year return on $122k initial cash invested.
-24.06%
Cash On Cash
1.19%
Cap Rate
0.2
DSCR
$1,345
Rent
-$2,442
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,345 income − $3,787 expenses = $2,442 out of pocket
Investment Breakdown
|
Purchase Price
$580k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$116k
Closing costs
1%
$5,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,345
Total Expenses
$3,787
Mortgage P&I
219%
$2,951
Property Taxes
20%
$264
Home Insurance
15%
$203
HOA
1%
$20
Property Management
10%
$134
CapEx
5%
$67
Vacancy
6%
$81
Maintenance
5%
$67
Other
0%
$0