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This property looks like a bad Long-Term investment with a projected -16.53% first-year return on $122k initial cash invested.
-16.53%
Cash On Cash
2.91%
Cap Rate
0.48
DSCR
$3,168
Rent
-$1,677
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,168 income − $4,845 expenses = $1,677 out of pocket
Investment Breakdown
|
Purchase Price
$580k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$116k
Closing costs
1%
$5,796
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,168
Total Expenses
$4,845
Mortgage P&I
92%
$2,924
Property Taxes
24%
$760
Home Insurance
6%
$203
HOA
4%
$135
Property Management
10%
$317
CapEx
5%
$158
Vacancy
6%
$190
Maintenance
5%
$158
Other
0%
$0