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This property looks like a bad Long-Term investment with a projected -11.14% first-year return on $120k initial cash invested.
-11.14%
Cash On Cash
3.97%
Cap Rate
0.66
DSCR
$3,123
Rent
-$1,111
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,123 income − $4,234 expenses = $1,111 out of pocket
Investment Breakdown
|
Purchase Price
$570k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$114k
Closing costs
1%
$5,700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,123
Total Expenses
$4,234
Mortgage P&I
91%
$2,842
Property Taxes
10%
$322
Home Insurance
7%
$208
HOA
2%
$51
Property Management
10%
$312
CapEx
5%
$156
Vacancy
6%
$187
Maintenance
5%
$156
Other
0%
$0