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This property looks like a bad Long-Term investment with a projected -21.31% first-year return on $116k initial cash invested.
-21.31%
Cash On Cash
1.91%
Cap Rate
0.31
DSCR
$1,599
Rent
-$2,051
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,599 income − $3,650 expenses = $2,051 out of pocket
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
6.7%
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
$1,599
Total Expenses
$3,650
Mortgage P&I
178%
$2,845
Property Taxes
12%
$197
Home Insurance
12%
$192
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0