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This property looks like a bad Long-Term investment with a projected -20.85% first-year return on $118k initial cash invested.
-20.85%
Cash On Cash
1.84%
Cap Rate
0.31
DSCR
$2,955
Rent
-$2,051
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,955 income − $5,006 expenses = $2,051 out of pocket
Investment Breakdown
|
Purchase Price
$562k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$112k
Closing costs
1%
$5,621
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,955
Total Expenses
$5,006
Mortgage P&I
94%
$2,765
Property Taxes
40%
$1,192
Home Insurance
7%
$202
HOA
3%
$78
Property Management
10%
$296
CapEx
5%
$148
Vacancy
6%
$177
Maintenance
5%
$148
Other
0%
$0