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This property looks like a bad Long-Term investment with a projected -14.67% first-year return on $120k initial cash invested.
-14.67%
Cash On Cash
3.32%
Cap Rate
0.54
DSCR
$2,843
Rent
-$1,461
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,843 income − $4,304 expenses = $1,461 out of pocket
Investment Breakdown
|
Purchase Price
$569k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$114k
Closing costs
1%
$5,691
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,843
Total Expenses
$4,304
Mortgage P&I
102%
$2,895
Property Taxes
15%
$432
Home Insurance
7%
$203
HOA
1%
$35
Property Management
10%
$284
CapEx
5%
$142
Vacancy
6%
$171
Maintenance
5%
$142
Other
0%
$0