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This property looks like a bad Long-Term investment with a projected -17.8% first-year return on $129k initial cash invested.
-17.8%
Cash On Cash
2.48%
Cap Rate
0.42
DSCR
$2,645
Rent
-$1,915
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,645 income − $4,560 expenses = $1,915 out of pocket
Investment Breakdown
|
Purchase Price
$615k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$123k
Closing costs
1%
$6,148
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,645
Total Expenses
$4,560
Mortgage P&I
115%
$3,053
Property Taxes
23%
$600
Home Insurance
8%
$220
HOA
0%
$0
Property Management
10%
$264
CapEx
5%
$132
Vacancy
6%
$159
Maintenance
5%
$132
Other
0%
$0