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This property looks like a bad Long-Term investment with a projected -11.73% first-year return on $129k initial cash invested.
-11.73%
Cash On Cash
3.84%
Cap Rate
0.64
DSCR
$3,003
Rent
-$1,262
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,003 income − $4,265 expenses = $1,262 out of pocket
Investment Breakdown
|
Purchase Price
$615k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$123k
Closing costs
1%
$6,150
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,003
Total Expenses
$4,265
Mortgage P&I
103%
$3,080
Property Taxes
6%
$190
Home Insurance
7%
$215
HOA
0%
$0
Property Management
10%
$300
CapEx
5%
$150
Vacancy
6%
$180
Maintenance
5%
$150
Other
0%
$0