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This property looks like a bad Long-Term investment with a projected -15.43% first-year return on $123k initial cash invested.
-15.43%
Cash On Cash
3.01%
Cap Rate
0.5
DSCR
$2,661
Rent
-$1,585
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,661 income − $4,246 expenses = $1,585 out of pocket
Investment Breakdown
|
Purchase Price
$587k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$117k
Closing costs
1%
$5,871
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,661
Total Expenses
$4,246
Mortgage P&I
110%
$2,924
Property Taxes
16%
$420
Home Insurance
8%
$210
HOA
0%
$0
Property Management
10%
$266
CapEx
5%
$133
Vacancy
6%
$160
Maintenance
5%
$133
Other
0%
$0