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This property looks like a bad Long-Term investment with a projected -23.91% first-year return on $252k initial cash invested.
-23.91%
Cash On Cash
1.46%
Cap Rate
0.23
DSCR
$2,786
Rent
-$5,022
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,786 income − $7,808 expenses = $5,022 out of pocket
Investment Breakdown
|
Purchase Price
$1200k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$252k
Downpayment
20%
$240k
Closing costs
1%
$12,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,786
Total Expenses
$7,808
Mortgage P&I
228%
$6,340
Property Taxes
9%
$253
Home Insurance
15%
$420
HOA
3%
$71
Property Management
10%
$279
CapEx
5%
$139
Vacancy
6%
$167
Maintenance
5%
$139
Other
0%
$0