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This property looks like a bad Long-Term investment with a projected -14.02% first-year return on $118k initial cash invested.
-14.02%
Cash On Cash
3.33%
Cap Rate
0.56
DSCR
$2,962
Rent
-$1,380
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,962 income − $4,342 expenses = $1,380 out of pocket
Investment Breakdown
|
Purchase Price
$562k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$112k
Closing costs
1%
$5,624
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,962
Total Expenses
$4,342
Mortgage P&I
94%
$2,793
Property Taxes
20%
$578
Home Insurance
7%
$201
HOA
0%
$0
Property Management
10%
$296
CapEx
5%
$148
Vacancy
6%
$178
Maintenance
5%
$148
Other
0%
$0