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This property looks like a bad Long-Term investment with a projected -16.15% first-year return on $128k initial cash invested.
-16.15%
Cash On Cash
2.93%
Cap Rate
0.48
DSCR
$2,589
Rent
-$1,726
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,589 income − $4,315 expenses = $1,726 out of pocket
Investment Breakdown
|
Purchase Price
$611k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$122k
Closing costs
1%
$6,106
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,589
Total Expenses
$4,315
Mortgage P&I
119%
$3,087
Property Taxes
13%
$332
Home Insurance
9%
$224
HOA
0%
$0
Property Management
10%
$259
CapEx
5%
$129
Vacancy
6%
$155
Maintenance
5%
$129
Other
0%
$0