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This property looks like a bad Long-Term investment with a projected -20.76% first-year return on $122k initial cash invested.
-20.76%
Cash On Cash
2.1%
Cap Rate
0.34
DSCR
$2,695
Rent
-$2,107
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,695 income − $4,802 expenses = $2,107 out of pocket
Investment Breakdown
|
Purchase Price
$580k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$116k
Closing costs
1%
$5,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,695
Total Expenses
$4,802
Mortgage P&I
111%
$2,989
Property Taxes
18%
$478
Home Insurance
8%
$203
HOA
16%
$430
Property Management
10%
$270
CapEx
5%
$135
Vacancy
6%
$162
Maintenance
5%
$135
Other
0%
$0