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This property looks like a bad Long-Term investment with a projected -12.55% first-year return on $119k initial cash invested.
-12.55%
Cash On Cash
3.69%
Cap Rate
0.61
DSCR
$2,724
Rent
-$1,250
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,724 income − $3,974 expenses = $1,250 out of pocket
Investment Breakdown
|
Purchase Price
$569k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$119k
Downpayment
20%
$114k
Closing costs
1%
$5,690
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,724
Total Expenses
$3,974
Mortgage P&I
105%
$2,864
Property Taxes
7%
$204
Home Insurance
7%
$199
HOA
0%
$0
Property Management
10%
$272
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0