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This property looks like a bad Long-Term investment with a projected -25.05% first-year return on $121k initial cash invested.
-25.05%
Cash On Cash
1.61%
Cap Rate
0.24
DSCR
$2,407
Rent
-$2,533
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,407 income − $4,940 expenses = $2,533 out of pocket
Investment Breakdown
|
Purchase Price
$578k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$116k
Closing costs
1%
$5,778
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,407
Total Expenses
$4,940
Mortgage P&I
132%
$3,187
Property Taxes
38%
$918
Home Insurance
9%
$210
HOA
0%
$0
Property Management
10%
$241
CapEx
5%
$120
Vacancy
6%
$144
Maintenance
5%
$120
Other
0%
$0