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This property looks like a bad Long-Term investment with a projected -15.34% first-year return on $122k initial cash invested.
-15.34%
Cash On Cash
3.19%
Cap Rate
0.52
DSCR
$2,487
Rent
-$1,557
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,487 income − $4,044 expenses = $1,557 out of pocket
Investment Breakdown
|
Purchase Price
$580k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$116k
Closing costs
1%
$5,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,487
Total Expenses
$4,044
Mortgage P&I
120%
$2,977
Property Taxes
6%
$158
Home Insurance
8%
$203
HOA
2%
$60
Property Management
10%
$249
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0