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This property looks like a bad Long-Term investment with a projected -24.15% first-year return on $220k initial cash invested.
-24.15%
Cash On Cash
1.06%
Cap Rate
0.18
DSCR
$2,051
Rent
-$4,420
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,051 income − $6,471 expenses = $4,420 out of pocket
Investment Breakdown
|
Purchase Price
$1046k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$220k
Downpayment
20%
$209k
Closing costs
1%
$10,457
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,051
Total Expenses
$6,471
Mortgage P&I
255%
$5,240
Property Taxes
15%
$312
Home Insurance
19%
$385
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0