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This property looks like a bad Long-Term investment with a projected -21.63% first-year return on $206k initial cash invested.
-21.63%
Cash On Cash
1.69%
Cap Rate
0.28
DSCR
$3,259
Rent
-$3,714
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,259 income − $6,973 expenses = $3,714 out of pocket
Investment Breakdown
|
Purchase Price
$981k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$206k
Downpayment
20%
$196k
Closing costs
1%
$9,810
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,259
Total Expenses
$6,973
Mortgage P&I
151%
$4,934
Property Taxes
26%
$845
Home Insurance
11%
$346
HOA
0%
$0
Property Management
10%
$326
CapEx
5%
$163
Vacancy
6%
$196
Maintenance
5%
$163
Other
0%
$0