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This property looks like a bad Long-Term investment with a projected -7.85% first-year return on $118k initial cash invested.

-7.85%

Cash On Cash

4.5%

Cap Rate

0.77

DSCR

$3,020

Rent

-$769

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,020 income − $3,789 expenses = $769 out of pocket

Income$3,020Out of Pocket$769Mortgage P&I$2,71790%Property Taxes$873%Insurance$2007%Management$30210%CapEx$1515%Vacancy$1816%Maintenance$1515%

Investment Breakdown

|

Purchase Price

$560k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$112k

Closing costs

1%

$5,598

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,020

Total Expenses

$3,789

Mortgage P&I

90%

$2,717

Property Taxes

3%

$87

Home Insurance

7%

$200

HOA

0%

$0

Property Management

10%

$302

CapEx

5%

$151

Vacancy

6%

$181

Maintenance

5%

$151

Other

0%

$0

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