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This property looks like a bad Long-Term investment with a projected -12.88% first-year return on $116k initial cash invested.

-12.88%

Cash On Cash

3.75%

Cap Rate

0.61

DSCR

$2,950

Rent

-$1,240

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,950 income − $4,190 expenses = $1,240 out of pocket

Income$2,950Out of Pocket$1,240Mortgage P&I$2,81195%Property Taxes$41914%Insurance$1927%Management$29510%CapEx$1485%Vacancy$1776%Maintenance$1485%

Investment Breakdown

|

Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$110k

Closing costs

1%

$5,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,950

Total Expenses

$4,190

Mortgage P&I

95%

$2,811

Property Taxes

14%

$419

Home Insurance

7%

$192

HOA

0%

$0

Property Management

10%

$295

CapEx

5%

$148

Vacancy

6%

$177

Maintenance

5%

$148

Other

0%

$0

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