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This property looks like a bad Long-Term investment with a projected -16.58% first-year return on $111k initial cash invested.
-16.58%
Cash On Cash
3.5%
Cap Rate
0.53
DSCR
$3,040
Rent
-$1,540
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,040 income − $4,580 expenses = $1,540 out of pocket
Investment Breakdown
|
Purchase Price
$531k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$106k
Closing costs
1%
$5,306
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,040
Total Expenses
$4,580
Mortgage P&I
97%
$2,937
Property Taxes
18%
$560
Home Insurance
6%
$189
HOA
3%
$104
Property Management
10%
$304
CapEx
5%
$152
Vacancy
6%
$182
Maintenance
5%
$152
Other
0%
$0