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This property looks like a bad Long-Term investment with a projected -19.23% first-year return on $130k initial cash invested.
-19.23%
Cash On Cash
2.24%
Cap Rate
0.37
DSCR
$2,890
Rent
-$2,088
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,890 income − $4,978 expenses = $2,088 out of pocket
Investment Breakdown
|
Purchase Price
$620k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$124k
Closing costs
1%
$6,204
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,890
Total Expenses
$4,978
Mortgage P&I
107%
$3,101
Property Taxes
23%
$658
Home Insurance
8%
$219
HOA
9%
$250
Property Management
10%
$289
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0