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This property looks like a bad Long-Term investment with a projected -21.93% first-year return on $122k initial cash invested.
-21.93%
Cash On Cash
1.62%
Cap Rate
0.27
DSCR
$3,111
Rent
-$2,222
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,111 income − $5,333 expenses = $2,222 out of pocket
Investment Breakdown
|
Purchase Price
$579k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$116k
Closing costs
1%
$5,790
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,111
Total Expenses
$5,333
Mortgage P&I
92%
$2,847
Property Taxes
45%
$1,392
Home Insurance
7%
$203
HOA
3%
$81
Property Management
10%
$311
CapEx
5%
$156
Vacancy
6%
$187
Maintenance
5%
$156
Other
0%
$0