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This property looks like a bad Long-Term investment with a projected -22.71% first-year return on $291k initial cash invested.
-22.71%
Cash On Cash
1.37%
Cap Rate
0.23
DSCR
$2,946
Rent
-$5,512
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,946 income − $8,458 expenses = $5,512 out of pocket
Investment Breakdown
|
Purchase Price
$1387k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$291k
Downpayment
20%
$277k
Closing costs
1%
$13,870
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,946
Total Expenses
$8,458
Mortgage P&I
236%
$6,943
Property Taxes
9%
$264
Home Insurance
16%
$485
HOA
0%
$0
Property Management
10%
$295
CapEx
5%
$147
Vacancy
6%
$177
Maintenance
5%
$147
Other
0%
$0