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This property looks like a bad Long-Term investment with a projected -20.73% first-year return on $122k initial cash invested.
-20.73%
Cash On Cash
1.91%
Cap Rate
0.32
DSCR
$2,983
Rent
-$2,104
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,983 income − $5,087 expenses = $2,104 out of pocket
Investment Breakdown
|
Purchase Price
$580k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$116k
Closing costs
1%
$5,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,983
Total Expenses
$5,087
Mortgage P&I
97%
$2,879
Property Taxes
42%
$1,241
Home Insurance
6%
$192
HOA
0%
$0
Property Management
10%
$298
CapEx
5%
$149
Vacancy
6%
$179
Maintenance
5%
$149
Other
0%
$0