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This property looks like a bad Long-Term investment with a projected -16.38% first-year return on $137k initial cash invested.
-16.38%
Cash On Cash
2.83%
Cap Rate
0.47
DSCR
$2,404
Rent
-$1,863
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,404 income − $4,267 expenses = $1,863 out of pocket
Investment Breakdown
|
Purchase Price
$650k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$137k
Downpayment
20%
$130k
Closing costs
1%
$6,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,404
Total Expenses
$4,267
Mortgage P&I
136%
$3,276
Property Taxes
5%
$131
Home Insurance
9%
$228
HOA
0%
$8
Property Management
10%
$240
CapEx
5%
$120
Vacancy
6%
$144
Maintenance
5%
$120
Other
0%
$0