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This property looks like a bad Long-Term investment with a projected -20.48% first-year return on $115k initial cash invested.
-20.48%
Cash On Cash
2.5%
Cap Rate
0.38
DSCR
$2,300
Rent
-$1,971
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,300 income − $4,271 expenses = $1,971 out of pocket
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$115k
Downpayment
20%
$110k
Closing costs
1%
$5,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,300
Total Expenses
$4,271
Mortgage P&I
130%
$3,001
Property Taxes
20%
$470
Home Insurance
8%
$192
HOA
0%
$10
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0