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This property looks like a bad Long-Term investment with a projected -11.61% first-year return on $124k initial cash invested.
-11.61%
Cash On Cash
3.82%
Cap Rate
0.65
DSCR
$3,462
Rent
-$1,202
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,462 income − $4,664 expenses = $1,202 out of pocket
Investment Breakdown
|
Purchase Price
$592k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,916
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,462
Total Expenses
$4,664
Mortgage P&I
84%
$2,911
Property Taxes
13%
$455
Home Insurance
6%
$210
HOA
5%
$188
Property Management
10%
$346
CapEx
5%
$173
Vacancy
6%
$208
Maintenance
5%
$173
Other
0%
$0