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This property looks like a bad Long-Term investment with a projected -16.19% first-year return on $124k initial cash invested.
-16.19%
Cash On Cash
3.22%
Cap Rate
0.51
DSCR
$3,026
Rent
-$1,670
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,026 income − $4,696 expenses = $1,670 out of pocket
Investment Breakdown
|
Purchase Price
$590k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,895
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,026
Total Expenses
$4,696
Mortgage P&I
103%
$3,102
Property Taxes
20%
$599
Home Insurance
7%
$208
HOA
0%
$0
Property Management
10%
$303
CapEx
5%
$151
Vacancy
6%
$182
Maintenance
5%
$151
Other
0%
$0