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This property looks like a bad Long-Term investment with a projected -17.44% first-year return on $117k initial cash invested.
-17.44%
Cash On Cash
2.84%
Cap Rate
0.45
DSCR
$2,242
Rent
-$1,700
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,242 income − $3,942 expenses = $1,700 out of pocket
Investment Breakdown
|
Purchase Price
$557k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$111k
Closing costs
1%
$5,570
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,242
Total Expenses
$3,942
Mortgage P&I
130%
$2,907
Property Taxes
11%
$257
Home Insurance
9%
$195
HOA
0%
$0
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$135
Maintenance
5%
$112
Other
0%
$0