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This property looks like a bad Long-Term investment with a projected -10.94% first-year return on $124k initial cash invested.
-10.94%
Cash On Cash
4.06%
Cap Rate
0.67
DSCR
$3,060
Rent
-$1,134
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,060 income − $4,194 expenses = $1,134 out of pocket
Investment Breakdown
|
Purchase Price
$592k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,921
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,060
Total Expenses
$4,194
Mortgage P&I
97%
$2,983
Property Taxes
7%
$205
Home Insurance
7%
$208
HOA
0%
$2
Property Management
10%
$306
CapEx
5%
$153
Vacancy
6%
$184
Maintenance
5%
$153
Other
0%
$0