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This property looks like a bad Long-Term investment with a projected -12.45% first-year return on $117k initial cash invested.
-12.45%
Cash On Cash
3.77%
Cap Rate
0.62
DSCR
$2,600
Rent
-$1,214
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,600 income − $3,814 expenses = $1,214 out of pocket
Investment Breakdown
|
Purchase Price
$557k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$111k
Closing costs
1%
$5,574
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,600
Total Expenses
$3,814
Mortgage P&I
109%
$2,837
Property Taxes
4%
$98
Home Insurance
8%
$203
HOA
0%
$0
Property Management
10%
$260
CapEx
5%
$130
Vacancy
6%
$156
Maintenance
5%
$130
Other
0%
$0