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This property looks like a bad Long-Term investment with a projected -16.67% first-year return on $122k initial cash invested.
-16.67%
Cash On Cash
2.74%
Cap Rate
0.46
DSCR
$2,338
Rent
-$1,691
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,338 income − $4,029 expenses = $1,691 out of pocket
Investment Breakdown
|
Purchase Price
$580k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$116k
Closing costs
1%
$5,797
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,338
Total Expenses
$4,029
Mortgage P&I
124%
$2,897
Property Taxes
12%
$274
Home Insurance
9%
$208
HOA
2%
$42
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0