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This property looks like a bad Long-Term investment with a projected -18.63% first-year return on $131k initial cash invested.
-18.63%
Cash On Cash
2.26%
Cap Rate
0.38
DSCR
$2,592
Rent
-$2,035
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,592 income − $4,627 expenses = $2,035 out of pocket
Investment Breakdown
|
Purchase Price
$624k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$125k
Closing costs
1%
$6,243
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,592
Total Expenses
$4,627
Mortgage P&I
119%
$3,083
Property Taxes
25%
$641
Home Insurance
9%
$228
HOA
0%
$0
Property Management
10%
$259
CapEx
5%
$130
Vacancy
6%
$156
Maintenance
5%
$130
Other
0%
$0