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This property looks like a bad Long-Term investment with a projected -18.39% first-year return on $257k initial cash invested.
-18.39%
Cash On Cash
2.37%
Cap Rate
0.4
DSCR
$4,993
Rent
-$3,937
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,993 income − $8,930 expenses = $3,937 out of pocket
Investment Breakdown
|
Purchase Price
$1224k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$257k
Downpayment
20%
$245k
Closing costs
1%
$12,236
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,993
Total Expenses
$8,930
Mortgage P&I
122%
$6,108
Property Taxes
22%
$1,085
Home Insurance
9%
$438
HOA
0%
$0
Property Management
10%
$499
CapEx
5%
$250
Vacancy
6%
$300
Maintenance
5%
$250
Other
0%
$0