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This property looks like a bad Long-Term investment with a projected -16.39% first-year return on $120k initial cash invested.
-16.39%
Cash On Cash
2.82%
Cap Rate
0.47
DSCR
$3,034
Rent
-$1,639
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,034 income − $4,673 expenses = $1,639 out of pocket
Investment Breakdown
|
Purchase Price
$572k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$114k
Closing costs
1%
$5,715
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,034
Total Expenses
$4,673
Mortgage P&I
93%
$2,830
Property Taxes
28%
$845
Home Insurance
7%
$209
HOA
0%
$0
Property Management
10%
$303
CapEx
5%
$152
Vacancy
6%
$182
Maintenance
5%
$152
Other
0%
$0