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This property looks like a bad Long-Term investment with a projected -21.34% first-year return on $122k initial cash invested.
-21.34%
Cash On Cash
2.29%
Cap Rate
0.35
DSCR
$2,342
Rent
-$2,169
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,342 income − $4,511 expenses = $2,169 out of pocket
Investment Breakdown
|
Purchase Price
$581k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$116k
Closing costs
1%
$5,807
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,342
Total Expenses
$4,511
Mortgage P&I
135%
$3,158
Property Taxes
22%
$516
Home Insurance
10%
$228
HOA
0%
$0
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$141
Maintenance
5%
$117
Other
0%
$0