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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
3.42%
Cap Rate
0.57
DSCR
$3,246
Rent
-$1,361
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,246 income − $4,607 expenses = $1,361 out of pocket
Investment Breakdown
|
Purchase Price
$551k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$110k
Closing costs
1%
$5,510
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,246
Total Expenses
$4,607
Mortgage P&I
85%
$2,768
Property Taxes
25%
$801
Home Insurance
6%
$194
HOA
0%
$0
Property Management
10%
$325
CapEx
5%
$162
Vacancy
6%
$195
Maintenance
5%
$162
Other
0%
$0