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This property looks like a bad Long-Term investment with a projected -13.31% first-year return on $122k initial cash invested.
-13.31%
Cash On Cash
3.6%
Cap Rate
0.59
DSCR
$3,053
Rent
-$1,352
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,053 income − $4,405 expenses = $1,352 out of pocket
Investment Breakdown
|
Purchase Price
$581k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$116k
Closing costs
1%
$5,805
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,053
Total Expenses
$4,405
Mortgage P&I
96%
$2,942
Property Taxes
15%
$469
Home Insurance
7%
$200
HOA
0%
$0
Property Management
10%
$305
CapEx
5%
$153
Vacancy
6%
$183
Maintenance
5%
$153
Other
0%
$0