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This property looks like a bad Long-Term investment with a projected -27.43% first-year return on $124k initial cash invested.
-27.43%
Cash On Cash
0.38%
Cap Rate
0.06
DSCR
$1,770
Rent
-$2,827
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,770 income − $4,597 expenses = $2,827 out of pocket
Investment Breakdown
|
Purchase Price
$589k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,770
Total Expenses
$4,597
Mortgage P&I
165%
$2,924
Property Taxes
57%
$1,008
Home Insurance
12%
$206
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0