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This property looks like a bad Long-Term investment with a projected -20.89% first-year return on $246k initial cash invested.
-20.89%
Cash On Cash
2%
Cap Rate
0.32
DSCR
$4,190
Rent
-$4,290
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,190 income − $8,480 expenses = $4,290 out of pocket
Investment Breakdown
|
Purchase Price
$1174k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$246k
Downpayment
20%
$235k
Closing costs
1%
$11,735
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,190
Total Expenses
$8,480
Mortgage P&I
144%
$6,034
Property Taxes
23%
$971
Home Insurance
9%
$385
HOA
0%
$0
Property Management
10%
$419
CapEx
5%
$210
Vacancy
6%
$251
Maintenance
5%
$210
Other
0%
$0