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This property looks like a bad Long-Term investment with a projected -21.31% first-year return on $260k initial cash invested.
-21.31%
Cash On Cash
1.8%
Cap Rate
0.3
DSCR
$4,302
Rent
-$4,624
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,302 income − $8,926 expenses = $4,624 out of pocket
Investment Breakdown
|
Purchase Price
$1240k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$260k
Downpayment
20%
$248k
Closing costs
1%
$12,401
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,302
Total Expenses
$8,926
Mortgage P&I
146%
$6,267
Property Taxes
23%
$976
Home Insurance
10%
$448
HOA
3%
$117
Property Management
10%
$430
CapEx
5%
$215
Vacancy
6%
$258
Maintenance
5%
$215
Other
0%
$0