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This property looks like a bad Long-Term investment with a projected -20.42% first-year return on $129k initial cash invested.
-20.42%
Cash On Cash
1.94%
Cap Rate
0.32
DSCR
$1,998
Rent
-$2,201
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,998 income − $4,199 expenses = $2,201 out of pocket
Investment Breakdown
|
Purchase Price
$616k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$123k
Closing costs
1%
$6,158
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,998
Total Expenses
$4,199
Mortgage P&I
155%
$3,096
Property Taxes
7%
$145
Home Insurance
22%
$438
HOA
0%
$0
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0