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This property looks like a bad Long-Term investment with a projected -15.62% first-year return on $124k initial cash invested.
-15.62%
Cash On Cash
3.08%
Cap Rate
0.51
DSCR
$2,799
Rent
-$1,618
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,799 income − $4,417 expenses = $1,618 out of pocket
Investment Breakdown
|
Purchase Price
$592k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,919
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,799
Total Expenses
$4,417
Mortgage P&I
107%
$2,995
Property Taxes
17%
$485
Home Insurance
7%
$209
HOA
0%
$0
Property Management
10%
$280
CapEx
5%
$140
Vacancy
6%
$168
Maintenance
5%
$140
Other
0%
$0