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This property looks like a bad Long-Term investment with a projected -12.62% first-year return on $118k initial cash invested.
-12.62%
Cash On Cash
3.67%
Cap Rate
0.61
DSCR
$2,861
Rent
-$1,241
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,861 income − $4,102 expenses = $1,241 out of pocket
Investment Breakdown
|
Purchase Price
$562k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$112k
Closing costs
1%
$5,620
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,861
Total Expenses
$4,102
Mortgage P&I
98%
$2,817
Property Taxes
12%
$340
Home Insurance
7%
$201
HOA
0%
$0
Property Management
10%
$286
CapEx
5%
$143
Vacancy
6%
$172
Maintenance
5%
$143
Other
0%
$0