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This property looks like a bad Long-Term investment with a projected -16.04% first-year return on $119k initial cash invested.
-16.04%
Cash On Cash
3.05%
Cap Rate
0.5
DSCR
$2,616
Rent
-$1,594
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,616 income − $4,210 expenses = $1,594 out of pocket
Investment Breakdown
|
Purchase Price
$568k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$119k
Downpayment
20%
$114k
Closing costs
1%
$5,680
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,616
Total Expenses
$4,210
Mortgage P&I
111%
$2,909
Property Taxes
16%
$428
Home Insurance
7%
$192
HOA
0%
$0
Property Management
10%
$262
CapEx
5%
$131
Vacancy
6%
$157
Maintenance
5%
$131
Other
0%
$0