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This property looks like a bad Long-Term investment with a projected -12.39% first-year return on $124k initial cash invested.
-12.39%
Cash On Cash
3.64%
Cap Rate
0.61
DSCR
$2,878
Rent
-$1,279
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,878 income − $4,157 expenses = $1,279 out of pocket
Investment Breakdown
|
Purchase Price
$590k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,878
Total Expenses
$4,157
Mortgage P&I
102%
$2,927
Property Taxes
9%
$253
Home Insurance
7%
$210
HOA
1%
$18
Property Management
10%
$288
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0