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This property looks like a bad Long-Term investment with a projected -16.36% first-year return on $122k initial cash invested.
-16.36%
Cash On Cash
3.09%
Cap Rate
0.5
DSCR
$2,894
Rent
-$1,669
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,894 income − $4,563 expenses = $1,669 out of pocket
Investment Breakdown
|
Purchase Price
$583k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$117k
Closing costs
1%
$5,828
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,894
Total Expenses
$4,563
Mortgage P&I
104%
$3,024
Property Taxes
22%
$643
Home Insurance
5%
$140
HOA
0%
$3
Property Management
10%
$289
CapEx
5%
$145
Vacancy
6%
$174
Maintenance
5%
$145
Other
0%
$0