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This property looks like a bad Long-Term investment with a projected -17.02% first-year return on $116k initial cash invested.
-17.02%
Cash On Cash
2.55%
Cap Rate
0.43
DSCR
$2,385
Rent
-$1,638
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,385 income − $4,023 expenses = $1,638 out of pocket
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$110k
Closing costs
1%
$5,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,385
Total Expenses
$4,023
Mortgage P&I
113%
$2,687
Property Taxes
22%
$525
Home Insurance
8%
$192
HOA
0%
$0
Property Management
10%
$238
CapEx
5%
$119
Vacancy
6%
$143
Maintenance
5%
$119
Other
0%
$0