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This property looks like a bad Long-Term investment with a projected -8.62% first-year return on $120k initial cash invested.
-8.62%
Cash On Cash
4.34%
Cap Rate
0.75
DSCR
$3,189
Rent
-$860
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,189 income − $4,049 expenses = $860 out of pocket
Investment Breakdown
|
Purchase Price
$570k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$114k
Closing costs
1%
$5,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,189
Total Expenses
$4,049
Mortgage P&I
87%
$2,760
Property Taxes
8%
$261
Home Insurance
6%
$200
HOA
0%
$0
Property Management
10%
$319
CapEx
5%
$159
Vacancy
6%
$191
Maintenance
5%
$159
Other
0%
$0