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This property looks like a bad Long-Term investment with a projected -20.25% first-year return on $124k initial cash invested.
-20.25%
Cash On Cash
1.89%
Cap Rate
0.32
DSCR
$1,544
Rent
-$2,091
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,544 income − $3,635 expenses = $2,091 out of pocket
Investment Breakdown
|
Purchase Price
$590k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,544
Total Expenses
$3,635
Mortgage P&I
191%
$2,945
Property Taxes
5%
$83
Home Insurance
13%
$206
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0