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This property looks like a bad Long-Term investment with a projected -16.59% first-year return on $120k initial cash invested.
-16.59%
Cash On Cash
2.88%
Cap Rate
0.48
DSCR
$3,309
Rent
-$1,655
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,309 income − $4,964 expenses = $1,655 out of pocket
Investment Breakdown
|
Purchase Price
$570k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$114k
Closing costs
1%
$5,701
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,309
Total Expenses
$4,964
Mortgage P&I
86%
$2,857
Property Taxes
32%
$1,044
Home Insurance
6%
$203
HOA
0%
$0
Property Management
10%
$331
CapEx
5%
$165
Vacancy
6%
$199
Maintenance
5%
$165
Other
0%
$0