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This property looks like a bad Long-Term investment with a projected -9.24% first-year return on $231k initial cash invested.
-9.24%
Cash On Cash
4.3%
Cap Rate
0.72
DSCR
$5,615
Rent
-$1,779
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,615 income − $7,394 expenses = $1,779 out of pocket
Investment Breakdown
|
Purchase Price
$1100k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$231k
Downpayment
20%
$220k
Closing costs
1%
$11,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,615
Total Expenses
$7,394
Mortgage P&I
97%
$5,437
Property Taxes
2%
$111
Home Insurance
7%
$385
HOA
0%
$0
Property Management
10%
$562
CapEx
5%
$281
Vacancy
6%
$337
Maintenance
5%
$281
Other
0%
$0