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This property looks like a bad Long-Term investment with a projected -14.11% first-year return on $116k initial cash invested.
-14.11%
Cash On Cash
3.27%
Cap Rate
0.55
DSCR
$2,397
Rent
-$1,358
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,397 income − $3,755 expenses = $1,358 out of pocket
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$110k
Closing costs
1%
$5,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,397
Total Expenses
$3,755
Mortgage P&I
114%
$2,735
Property Taxes
9%
$204
Home Insurance
8%
$192
HOA
0%
$0
Property Management
10%
$240
CapEx
5%
$120
Vacancy
6%
$144
Maintenance
5%
$120
Other
0%
$0