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This property looks like a bad Long-Term investment with a projected -23.02% first-year return on $117k initial cash invested.
-23.02%
Cash On Cash
1.85%
Cap Rate
0.29
DSCR
$2,549
Rent
-$2,239
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,549 income − $4,788 expenses = $2,239 out of pocket
Investment Breakdown
|
Purchase Price
$556k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$111k
Closing costs
1%
$5,557
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,549
Total Expenses
$4,788
Mortgage P&I
116%
$2,969
Property Taxes
26%
$653
Home Insurance
8%
$196
HOA
12%
$308
Property Management
10%
$255
CapEx
5%
$127
Vacancy
6%
$153
Maintenance
5%
$127
Other
0%
$0