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This property looks like a bad Long-Term investment with a projected -19.74% first-year return on $120k initial cash invested.
-19.74%
Cash On Cash
2.66%
Cap Rate
0.41
DSCR
$2,489
Rent
-$1,968
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,489 income − $4,457 expenses = $1,968 out of pocket
Investment Breakdown
|
Purchase Price
$570k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$114k
Closing costs
1%
$5,697
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,489
Total Expenses
$4,457
Mortgage P&I
125%
$3,106
Property Taxes
20%
$500
Home Insurance
8%
$205
HOA
0%
$0
Property Management
10%
$249
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0