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This property looks like a bad Long-Term investment with a projected -19.04% first-year return on $123k initial cash invested.
-19.04%
Cash On Cash
2.14%
Cap Rate
0.36
DSCR
$2,490
Rent
-$1,947
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,490 income − $4,437 expenses = $1,947 out of pocket
Investment Breakdown
|
Purchase Price
$584k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$117k
Closing costs
1%
$5,843
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,490
Total Expenses
$4,437
Mortgage P&I
115%
$2,864
Property Taxes
30%
$743
Home Insurance
7%
$184
HOA
0%
$0
Property Management
10%
$249
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0