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This property looks like a bad Long-Term investment with a projected -12.52% first-year return on $124k initial cash invested.
-12.52%
Cash On Cash
3.68%
Cap Rate
0.62
DSCR
$3,504
Rent
-$1,296
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,504 income − $4,800 expenses = $1,296 out of pocket
Investment Breakdown
|
Purchase Price
$592k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,915
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,504
Total Expenses
$4,800
Mortgage P&I
84%
$2,937
Property Taxes
21%
$743
Home Insurance
6%
$210
HOA
0%
$0
Property Management
10%
$350
CapEx
5%
$175
Vacancy
6%
$210
Maintenance
5%
$175
Other
0%
$0