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This property looks like a bad Long-Term investment with a projected -11.75% first-year return on $123k initial cash invested.
-11.75%
Cash On Cash
3.82%
Cap Rate
0.64
DSCR
$2,909
Rent
-$1,207
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,909 income − $4,116 expenses = $1,207 out of pocket
Investment Breakdown
|
Purchase Price
$587k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$117k
Closing costs
1%
$5,872
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,909
Total Expenses
$4,116
Mortgage P&I
101%
$2,931
Property Taxes
7%
$214
Home Insurance
7%
$215
HOA
0%
$0
Property Management
10%
$291
CapEx
5%
$145
Vacancy
6%
$175
Maintenance
5%
$145
Other
0%
$0