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This property looks like a bad Long-Term investment with a projected -14.58% first-year return on $120k initial cash invested.
-14.58%
Cash On Cash
3.32%
Cap Rate
0.55
DSCR
$2,983
Rent
-$1,462
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,983 income − $4,445 expenses = $1,462 out of pocket
Investment Breakdown
|
Purchase Price
$573k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$115k
Closing costs
1%
$5,728
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,983
Total Expenses
$4,445
Mortgage P&I
97%
$2,898
Property Taxes
19%
$569
Home Insurance
7%
$203
HOA
0%
$0
Property Management
10%
$298
CapEx
5%
$149
Vacancy
6%
$179
Maintenance
5%
$149
Other
0%
$0