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This property looks like a bad Long-Term investment with a projected -14.53% first-year return on $124k initial cash invested.
-14.53%
Cash On Cash
3.28%
Cap Rate
0.55
DSCR
$3,340
Rent
-$1,498
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,340 income − $4,838 expenses = $1,498 out of pocket
Investment Breakdown
|
Purchase Price
$589k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,891
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,340
Total Expenses
$4,838
Mortgage P&I
88%
$2,940
Property Taxes
14%
$455
Home Insurance
6%
$208
HOA
11%
$367
Property Management
10%
$334
CapEx
5%
$167
Vacancy
6%
$200
Maintenance
5%
$167
Other
0%
$0