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This property looks like a bad Long-Term investment with a projected -12.68% first-year return on $117k initial cash invested.
-12.68%
Cash On Cash
3.5%
Cap Rate
0.6
DSCR
$2,624
Rent
-$1,236
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,624 income − $3,860 expenses = $1,236 out of pocket
Investment Breakdown
|
Purchase Price
$557k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$111k
Closing costs
1%
$5,571
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,624
Total Expenses
$3,860
Mortgage P&I
104%
$2,729
Property Taxes
9%
$236
Home Insurance
8%
$201
HOA
1%
$13
Property Management
10%
$262
CapEx
5%
$131
Vacancy
6%
$157
Maintenance
5%
$131
Other
0%
$0