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This property looks like a bad Long-Term investment with a projected -16.35% first-year return on $121k initial cash invested.
-16.35%
Cash On Cash
3%
Cap Rate
0.49
DSCR
$2,375
Rent
-$1,645
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,375 income − $4,020 expenses = $1,645 out of pocket
Investment Breakdown
|
Purchase Price
$575k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$115k
Closing costs
1%
$5,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,375
Total Expenses
$4,020
Mortgage P&I
125%
$2,964
Property Taxes
10%
$237
Home Insurance
8%
$201
HOA
0%
$0
Property Management
10%
$238
CapEx
5%
$119
Vacancy
6%
$142
Maintenance
5%
$119
Other
0%
$0