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This property looks like a bad Long-Term investment with a projected -23.83% first-year return on $120k initial cash invested.
-23.83%
Cash On Cash
1.6%
Cap Rate
0.25
DSCR
$2,370
Rent
-$2,383
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,370 income − $4,753 expenses = $2,383 out of pocket
Investment Breakdown
|
Purchase Price
$572k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$114k
Closing costs
1%
$5,715
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,370
Total Expenses
$4,753
Mortgage P&I
128%
$3,029
Property Taxes
29%
$676
Home Insurance
9%
$203
HOA
10%
$230
Property Management
10%
$237
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0