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This property looks like a bad Long-Term investment with a projected -20.4% first-year return on $120k initial cash invested.
-20.4%
Cash On Cash
1.98%
Cap Rate
0.33
DSCR
$2,353
Rent
-$2,038
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,353 income − $4,391 expenses = $2,038 out of pocket
Investment Breakdown
|
Purchase Price
$571k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$114k
Closing costs
1%
$5,708
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,353
Total Expenses
$4,391
Mortgage P&I
122%
$2,860
Property Taxes
30%
$713
Home Insurance
9%
$206
HOA
0%
$0
Property Management
10%
$235
CapEx
5%
$118
Vacancy
6%
$141
Maintenance
5%
$118
Other
0%
$0