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This property looks like a bad Long-Term investment with a projected -23.27% first-year return on $124k initial cash invested.
-23.27%
Cash On Cash
1.94%
Cap Rate
0.3
DSCR
$2,817
Rent
-$2,403
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,817 income − $5,220 expenses = $2,403 out of pocket
Investment Breakdown
|
Purchase Price
$590k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,817
Total Expenses
$5,220
Mortgage P&I
114%
$3,216
Property Taxes
38%
$1,065
Home Insurance
7%
$206
HOA
0%
$0
Property Management
10%
$282
CapEx
5%
$141
Vacancy
6%
$169
Maintenance
5%
$141
Other
0%
$0