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This property looks like a bad Long-Term investment with a projected -20.64% first-year return on $120k initial cash invested.
-20.64%
Cash On Cash
2.32%
Cap Rate
0.36
DSCR
$2,298
Rent
-$2,058
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,298 income − $4,356 expenses = $2,058 out of pocket
Investment Breakdown
|
Purchase Price
$570k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$114k
Closing costs
1%
$5,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,298
Total Expenses
$4,356
Mortgage P&I
133%
$3,045
Property Taxes
18%
$420
Home Insurance
9%
$205
HOA
4%
$88
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0