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This property looks like a bad Long-Term investment with a projected -11.61% first-year return on $124k initial cash invested.
-11.61%
Cash On Cash
3.83%
Cap Rate
0.64
DSCR
$2,785
Rent
-$1,201
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,785 income − $3,986 expenses = $1,201 out of pocket
Investment Breakdown
|
Purchase Price
$591k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,910
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,785
Total Expenses
$3,986
Mortgage P&I
106%
$2,950
Property Taxes
4%
$103
Home Insurance
8%
$210
HOA
0%
$0
Property Management
10%
$278
CapEx
5%
$139
Vacancy
6%
$167
Maintenance
5%
$139
Other
0%
$0