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This property looks like a bad Long-Term investment with a projected -13.95% first-year return on $116k initial cash invested.
-13.95%
Cash On Cash
3.39%
Cap Rate
0.56
DSCR
$2,830
Rent
-$1,343
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,830 income − $4,173 expenses = $1,343 out of pocket
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$110k
Closing costs
1%
$5,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,830
Total Expenses
$4,173
Mortgage P&I
97%
$2,757
Property Taxes
17%
$470
Home Insurance
7%
$192
HOA
1%
$17
Property Management
10%
$283
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0