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This property looks like a bad Long-Term investment with a projected -15.04% first-year return on $144k initial cash invested.
-15.04%
Cash On Cash
3.1%
Cap Rate
0.52
DSCR
$2,873
Rent
-$1,803
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,873 income − $4,676 expenses = $1,803 out of pocket
Investment Breakdown
|
Purchase Price
$685k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$144k
Downpayment
20%
$137k
Closing costs
1%
$6,850
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,873
Total Expenses
$4,676
Mortgage P&I
119%
$3,431
Property Taxes
9%
$252
Home Insurance
8%
$240
HOA
0%
$6
Property Management
10%
$287
CapEx
5%
$144
Vacancy
6%
$172
Maintenance
5%
$144
Other
0%
$0