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This property looks like a bad Long-Term investment with a projected -22.48% first-year return on $252k initial cash invested.
-22.48%
Cash On Cash
1.59%
Cap Rate
0.26
DSCR
$2,924
Rent
-$4,721
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,924 income − $7,645 expenses = $4,721 out of pocket
Investment Breakdown
|
Purchase Price
$1200k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$252k
Downpayment
20%
$240k
Closing costs
1%
$12,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,924
Total Expenses
$7,645
Mortgage P&I
211%
$6,163
Property Taxes
10%
$303
Home Insurance
14%
$420
HOA
0%
$0
Property Management
10%
$292
CapEx
5%
$146
Vacancy
6%
$175
Maintenance
5%
$146
Other
0%
$0