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This property looks like a bad Long-Term investment with a projected -10.62% first-year return on $124k initial cash invested.
-10.62%
Cash On Cash
4.11%
Cap Rate
0.69
DSCR
$3,373
Rent
-$1,097
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,373 income − $4,470 expenses = $1,097 out of pocket
Investment Breakdown
|
Purchase Price
$590k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,373
Total Expenses
$4,470
Mortgage P&I
87%
$2,951
Property Taxes
10%
$345
Home Insurance
6%
$206
HOA
3%
$91
Property Management
10%
$337
CapEx
5%
$169
Vacancy
6%
$202
Maintenance
5%
$169
Other
0%
$0