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This property looks like a bad Long-Term investment with a projected -14.78% first-year return on $120k initial cash invested.
-14.78%
Cash On Cash
3.43%
Cap Rate
0.55
DSCR
$2,862
Rent
-$1,473
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,862 income − $4,335 expenses = $1,473 out of pocket
Investment Breakdown
|
Purchase Price
$570k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$114k
Closing costs
1%
$5,696
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,862
Total Expenses
$4,335
Mortgage P&I
103%
$2,960
Property Taxes
15%
$436
Home Insurance
7%
$195
HOA
0%
$0
Property Management
10%
$286
CapEx
5%
$143
Vacancy
6%
$172
Maintenance
5%
$143
Other
0%
$0