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This property looks like a bad Long-Term investment with a projected -20.05% first-year return on $124k initial cash invested.
-20.05%
Cash On Cash
2%
Cap Rate
0.33
DSCR
$2,352
Rent
-$2,072
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,352 income − $4,424 expenses = $2,072 out of pocket
Investment Breakdown
|
Purchase Price
$591k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,906
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,352
Total Expenses
$4,424
Mortgage P&I
125%
$2,938
Property Taxes
28%
$659
Home Insurance
9%
$215
HOA
0%
$0
Property Management
10%
$235
CapEx
5%
$118
Vacancy
6%
$141
Maintenance
5%
$118
Other
0%
$0