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This property looks like a bad Long-Term investment with a projected -16.22% first-year return on $138k initial cash invested.
-16.22%
Cash On Cash
2.83%
Cap Rate
0.47
DSCR
$2,965
Rent
-$1,859
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,965 income − $4,824 expenses = $1,859 out of pocket
Investment Breakdown
|
Purchase Price
$655k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$138k
Downpayment
20%
$131k
Closing costs
1%
$6,550
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,965
Total Expenses
$4,824
Mortgage P&I
110%
$3,253
Property Taxes
19%
$572
Home Insurance
8%
$229
HOA
0%
$0
Property Management
10%
$296
CapEx
5%
$148
Vacancy
6%
$178
Maintenance
5%
$148
Other
0%
$0