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This property looks like a bad Long-Term investment with a projected -16.34% first-year return on $122k initial cash invested.
-16.34%
Cash On Cash
3.25%
Cap Rate
0.51
DSCR
$3,146
Rent
-$1,658
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,146 income − $4,804 expenses = $1,658 out of pocket
Investment Breakdown
|
Purchase Price
$580k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$116k
Closing costs
1%
$5,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,146
Total Expenses
$4,804
Mortgage P&I
98%
$3,073
Property Taxes
23%
$708
Home Insurance
7%
$205
HOA
0%
$0
Property Management
10%
$315
CapEx
5%
$157
Vacancy
6%
$189
Maintenance
5%
$157
Other
0%
$0