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This property looks like a bad Long-Term investment with a projected -23.61% first-year return on $241k initial cash invested.
-23.61%
Cash On Cash
1.88%
Cap Rate
0.28
DSCR
$3,980
Rent
-$4,752
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,980 income − $8,732 expenses = $4,752 out of pocket
Investment Breakdown
|
Purchase Price
$1150k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$241k
Downpayment
20%
$230k
Closing costs
1%
$11,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,980
Total Expenses
$8,732
Mortgage P&I
160%
$6,354
Property Taxes
24%
$941
Home Insurance
10%
$402
HOA
0%
$0
Property Management
10%
$398
CapEx
5%
$199
Vacancy
6%
$239
Maintenance
5%
$199
Other
0%
$0