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This property looks like a bad Long-Term investment with a projected -22.16% first-year return on $260k initial cash invested.
-22.16%
Cash On Cash
1.34%
Cap Rate
0.23
DSCR
$3,273
Rent
-$4,808
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,273 income − $8,081 expenses = $4,808 out of pocket
Investment Breakdown
|
Purchase Price
$1240k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$260k
Downpayment
20%
$248k
Closing costs
1%
$12,400
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,273
Total Expenses
$8,081
Mortgage P&I
184%
$6,024
Property Taxes
24%
$772
Home Insurance
13%
$434
HOA
0%
$0
Property Management
10%
$327
CapEx
5%
$164
Vacancy
6%
$196
Maintenance
5%
$164
Other
0%
$0