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This property looks like a bad Long-Term investment with a projected -5.88% first-year return on $246k initial cash invested.
-5.88%
Cash On Cash
5.28%
Cap Rate
0.86
DSCR
$7,996
Rent
-$1,205
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,996 income − $9,201 expenses = $1,205 out of pocket
Investment Breakdown
|
Purchase Price
$1170k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$246k
Downpayment
20%
$234k
Closing costs
1%
$11,704
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,996
Total Expenses
$9,201
Mortgage P&I
74%
$5,956
Property Taxes
9%
$745
Home Insurance
5%
$420
HOA
0%
$0
Property Management
10%
$800
CapEx
5%
$400
Vacancy
6%
$480
Maintenance
5%
$400
Other
0%
$0