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This property looks like a bad Long-Term investment with a projected -14.7% first-year return on $121k initial cash invested.
-14.7%
Cash On Cash
3.31%
Cap Rate
0.54
DSCR
$3,002
Rent
-$1,479
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,002 income − $4,481 expenses = $1,479 out of pocket
Investment Breakdown
|
Purchase Price
$575k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$115k
Closing costs
1%
$5,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,002
Total Expenses
$4,481
Mortgage P&I
97%
$2,917
Property Taxes
19%
$583
Home Insurance
7%
$201
HOA
0%
$0
Property Management
10%
$300
CapEx
5%
$150
Vacancy
6%
$180
Maintenance
5%
$150
Other
0%
$0