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This property looks like a bad Long-Term investment with a projected -16.6% first-year return on $242k initial cash invested.
-16.6%
Cash On Cash
2.68%
Cap Rate
0.45
DSCR
$3,907
Rent
-$3,340
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,907 income − $7,247 expenses = $3,340 out of pocket
Investment Breakdown
|
Purchase Price
$1150k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$242k
Downpayment
20%
$230k
Closing costs
1%
$11,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,907
Total Expenses
$7,247
Mortgage P&I
146%
$5,716
Property Taxes
3%
$114
Home Insurance
10%
$402
HOA
0%
$0
Property Management
10%
$391
CapEx
5%
$195
Vacancy
6%
$234
Maintenance
5%
$195
Other
0%
$0