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This property looks like a bad Long-Term investment with a projected -20.79% first-year return on $229k initial cash invested.
-20.79%
Cash On Cash
1.97%
Cap Rate
0.32
DSCR
$3,930
Rent
-$3,975
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,930 income − $7,905 expenses = $3,975 out of pocket
Investment Breakdown
|
Purchase Price
$1093k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$229k
Downpayment
20%
$219k
Closing costs
1%
$10,928
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,930
Total Expenses
$7,905
Mortgage P&I
142%
$5,575
Property Taxes
23%
$907
Home Insurance
10%
$402
HOA
0%
$0
Property Management
10%
$393
CapEx
5%
$196
Vacancy
6%
$236
Maintenance
5%
$196
Other
0%
$0