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This property looks like a bad Long-Term investment with a projected -12.92% first-year return on $122k initial cash invested.
-12.92%
Cash On Cash
3.57%
Cap Rate
0.6
DSCR
$2,831
Rent
-$1,309
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,831 income − $4,140 expenses = $1,309 out of pocket
Investment Breakdown
|
Purchase Price
$579k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$116k
Closing costs
1%
$5,790
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,831
Total Expenses
$4,140
Mortgage P&I
102%
$2,890
Property Taxes
11%
$310
Home Insurance
7%
$203
HOA
0%
$0
Property Management
10%
$283
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0