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This property looks like a bad Long-Term investment with a projected -22.69% first-year return on $246k initial cash invested.
-22.69%
Cash On Cash
1.36%
Cap Rate
0.23
DSCR
$2,588
Rent
-$4,657
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,588 income − $7,245 expenses = $4,657 out of pocket
Investment Breakdown
|
Purchase Price
$1173k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$246k
Downpayment
20%
$235k
Closing costs
1%
$11,728
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,588
Total Expenses
$7,245
Mortgage P&I
226%
$5,853
Property Taxes
12%
$300
Home Insurance
16%
$420
HOA
0%
$0
Property Management
10%
$259
CapEx
5%
$129
Vacancy
6%
$155
Maintenance
5%
$129
Other
0%
$0