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This property looks like a bad Long-Term investment with a projected -16.24% first-year return on $115k initial cash invested.
-16.24%
Cash On Cash
2.94%
Cap Rate
0.49
DSCR
$2,682
Rent
-$1,562
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,682 income − $4,244 expenses = $1,562 out of pocket
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$115k
Downpayment
20%
$110k
Closing costs
1%
$5,495
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,682
Total Expenses
$4,244
Mortgage P&I
103%
$2,776
Property Taxes
20%
$546
Home Insurance
7%
$192
HOA
1%
$33
Property Management
10%
$268
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0