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This property looks like a bad Long-Term investment with a projected -19.06% first-year return on $119k initial cash invested.
-19.06%
Cash On Cash
2.34%
Cap Rate
0.38
DSCR
$2,500
Rent
-$1,884
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,500 income − $4,384 expenses = $1,884 out of pocket
Investment Breakdown
|
Purchase Price
$565k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$119k
Downpayment
20%
$113k
Closing costs
1%
$5,647
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,500
Total Expenses
$4,384
Mortgage P&I
114%
$2,858
Property Taxes
17%
$430
Home Insurance
8%
$200
HOA
10%
$246
Property Management
10%
$250
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0