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This property looks like a bad Long-Term investment with a projected -15.41% first-year return on $123k initial cash invested.
-15.41%
Cash On Cash
3.27%
Cap Rate
0.53
DSCR
$3,317
Rent
-$1,577
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,317 income − $4,894 expenses = $1,577 out of pocket
Investment Breakdown
|
Purchase Price
$585k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$117k
Closing costs
1%
$5,846
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,317
Total Expenses
$4,894
Mortgage P&I
91%
$3,002
Property Taxes
19%
$631
Home Insurance
7%
$234
HOA
5%
$164
Property Management
10%
$332
CapEx
5%
$166
Vacancy
6%
$199
Maintenance
5%
$166
Other
0%
$0