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This property looks like a bad Long-Term investment with a projected -14.94% first-year return on $129k initial cash invested.
-14.94%
Cash On Cash
3.06%
Cap Rate
0.51
DSCR
$2,481
Rent
-$1,608
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,481 income − $4,089 expenses = $1,608 out of pocket
Investment Breakdown
|
Purchase Price
$615k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$123k
Closing costs
1%
$6,150
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,481
Total Expenses
$4,089
Mortgage P&I
123%
$3,052
Property Taxes
7%
$177
Home Insurance
9%
$215
HOA
0%
$0
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0