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This property looks like a bad Long-Term investment with a projected -17.33% first-year return on $129k initial cash invested.
-17.33%
Cash On Cash
3.1%
Cap Rate
0.48
DSCR
$2,885
Rent
-$1,861
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,885 income − $4,746 expenses = $1,861 out of pocket
Investment Breakdown
|
Purchase Price
$614k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$123k
Closing costs
1%
$6,137
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,885
Total Expenses
$4,746
Mortgage P&I
114%
$3,303
Property Taxes
16%
$449
Home Insurance
8%
$245
HOA
0%
$0
Property Management
10%
$288
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0