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This property looks like a bad Long-Term investment with a projected -21.51% first-year return on $252k initial cash invested.
-21.51%
Cash On Cash
1.6%
Cap Rate
0.27
DSCR
$3,029
Rent
-$4,516
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,029 income − $7,545 expenses = $4,516 out of pocket
Investment Breakdown
|
Purchase Price
$1200k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$252k
Downpayment
20%
$240k
Closing costs
1%
$11,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,029
Total Expenses
$7,545
Mortgage P&I
197%
$5,960
Property Taxes
12%
$378
Home Insurance
14%
$420
HOA
0%
$0
Property Management
10%
$303
CapEx
5%
$151
Vacancy
6%
$182
Maintenance
5%
$151
Other
0%
$0