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This property looks like a bad Long-Term investment with a projected -13.32% first-year return on $209k initial cash invested.
-13.32%
Cash On Cash
3.54%
Cap Rate
0.59
DSCR
$6,018
Rent
-$2,322
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,018 income − $8,340 expenses = $2,322 out of pocket
Investment Breakdown
|
Purchase Price
$996k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$209k
Downpayment
20%
$199k
Closing costs
1%
$9,959
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,018
Total Expenses
$8,340
Mortgage P&I
82%
$4,957
Property Taxes
25%
$1,494
Home Insurance
5%
$324
HOA
0%
$0
Property Management
10%
$602
CapEx
5%
$301
Vacancy
6%
$361
Maintenance
5%
$301
Other
0%
$0