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This property looks like a bad Long-Term investment with a projected -14.24% first-year return on $108k initial cash invested.

-14.24%

Cash On Cash

3.16%

Cap Rate

0.53

DSCR

$2,050

Rent

-$1,283

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,050 income − $3,333 expenses = $1,283 out of pocket

Income$2,050Out of Pocket$1,283Mortgage P&I$2,538124%Property Taxes$834%Insurance$1809%Management$20510%CapEx$1025%Vacancy$1236%Maintenance$1025%

Investment Breakdown

|

Purchase Price

$515k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$103k

Closing costs

1%

$5,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,050

Total Expenses

$3,333

Mortgage P&I

124%

$2,538

Property Taxes

4%

$83

Home Insurance

9%

$180

HOA

0%

$0

Property Management

10%

$205

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

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