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This property looks like a bad Long-Term investment with a projected -14.14% first-year return on $122k initial cash invested.
-14.14%
Cash On Cash
3.4%
Cap Rate
0.56
DSCR
$2,598
Rent
-$1,435
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,598 income − $4,033 expenses = $1,435 out of pocket
Investment Breakdown
|
Purchase Price
$580k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$116k
Closing costs
1%
$5,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,598
Total Expenses
$4,033
Mortgage P&I
113%
$2,946
Property Taxes
8%
$208
Home Insurance
8%
$203
HOA
0%
$0
Property Management
10%
$260
CapEx
5%
$130
Vacancy
6%
$156
Maintenance
5%
$130
Other
0%
$0