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This property looks like a bad Long-Term investment with a projected -20.32% first-year return on $129k initial cash invested.
-20.32%
Cash On Cash
2.54%
Cap Rate
0.39
DSCR
$2,661
Rent
-$2,179
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,661 income − $4,840 expenses = $2,179 out of pocket
Investment Breakdown
|
Purchase Price
$613k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$123k
Closing costs
1%
$6,129
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,661
Total Expenses
$4,840
Mortgage P&I
126%
$3,341
Property Taxes
22%
$592
Home Insurance
8%
$215
HOA
0%
$0
Property Management
10%
$266
CapEx
5%
$133
Vacancy
6%
$160
Maintenance
5%
$133
Other
0%
$0