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This property looks like a bad Long-Term investment with a projected -16.35% first-year return on $203k initial cash invested.
-16.35%
Cash On Cash
2.75%
Cap Rate
0.46
DSCR
$3,988
Rent
-$2,761
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,988 income − $6,749 expenses = $2,761 out of pocket
Investment Breakdown
|
Purchase Price
$965k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$203k
Downpayment
20%
$193k
Closing costs
1%
$9,648
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,988
Total Expenses
$6,749
Mortgage P&I
120%
$4,772
Property Taxes
15%
$600
Home Insurance
9%
$341
HOA
0%
$0
Property Management
10%
$399
CapEx
5%
$199
Vacancy
6%
$239
Maintenance
5%
$199
Other
0%
$0