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This property looks like a bad Long-Term investment with a projected -15.64% first-year return on $123k initial cash invested.
-15.64%
Cash On Cash
3.06%
Cap Rate
0.51
DSCR
$3,048
Rent
-$1,603
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,048 income − $4,651 expenses = $1,603 out of pocket
Investment Breakdown
|
Purchase Price
$586k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$117k
Closing costs
1%
$5,855
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,048
Total Expenses
$4,651
Mortgage P&I
97%
$2,943
Property Taxes
23%
$706
Home Insurance
7%
$210
HOA
0%
$0
Property Management
10%
$305
CapEx
5%
$152
Vacancy
6%
$183
Maintenance
5%
$152
Other
0%
$0