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This property looks like a bad Long-Term investment with a projected -15.41% first-year return on $123k initial cash invested.
-15.41%
Cash On Cash
2.91%
Cap Rate
0.49
DSCR
$2,540
Rent
-$1,573
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,540 income − $4,113 expenses = $1,573 out of pocket
Investment Breakdown
|
Purchase Price
$583k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$117k
Closing costs
1%
$5,834
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,540
Total Expenses
$4,113
Mortgage P&I
113%
$2,862
Property Taxes
15%
$376
Home Insurance
8%
$215
HOA
0%
$0
Property Management
10%
$254
CapEx
5%
$127
Vacancy
6%
$152
Maintenance
5%
$127
Other
0%
$0