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This property looks like a bad Long-Term investment with a projected -16.01% first-year return on $115k initial cash invested.
-16.01%
Cash On Cash
3.15%
Cap Rate
0.5
DSCR
$2,494
Rent
-$1,541
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,494 income − $4,035 expenses = $1,541 out of pocket
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$115k
Downpayment
20%
$110k
Closing costs
1%
$5,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,494
Total Expenses
$4,035
Mortgage P&I
115%
$2,859
Property Taxes
10%
$252
Home Insurance
8%
$192
HOA
3%
$83
Property Management
10%
$249
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0