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This property looks like a bad Long-Term investment with a projected -17.6% first-year return on $203k initial cash invested.
-17.6%
Cash On Cash
2.96%
Cap Rate
0.46
DSCR
$4,654
Rent
-$2,978
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,654 income − $7,632 expenses = $2,978 out of pocket
Investment Breakdown
|
Purchase Price
$967k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$203k
Downpayment
20%
$193k
Closing costs
1%
$9,671
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,654
Total Expenses
$7,632
Mortgage P&I
110%
$5,130
Property Taxes
20%
$951
Home Insurance
7%
$341
HOA
0%
$0
Property Management
10%
$465
CapEx
5%
$233
Vacancy
6%
$279
Maintenance
5%
$233
Other
0%
$0