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This property looks like a bad Long-Term investment with a projected -15.79% first-year return on $122k initial cash invested.
-15.79%
Cash On Cash
3.1%
Cap Rate
0.51
DSCR
$3,162
Rent
-$1,609
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,162 income − $4,771 expenses = $1,609 out of pocket
Investment Breakdown
|
Purchase Price
$582k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$116k
Closing costs
1%
$5,824
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,162
Total Expenses
$4,771
Mortgage P&I
94%
$2,957
Property Taxes
21%
$660
Home Insurance
7%
$210
HOA
4%
$122
Property Management
10%
$316
CapEx
5%
$158
Vacancy
6%
$190
Maintenance
5%
$158
Other
0%
$0