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This property looks like a bad Long-Term investment with a projected -24.35% first-year return on $231k initial cash invested.
-24.35%
Cash On Cash
1.1%
Cap Rate
0.18
DSCR
$2,154
Rent
-$4,687
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,154 income − $6,841 expenses = $4,687 out of pocket
Investment Breakdown
|
Purchase Price
$1100k
Downpayment
20.0%
Interest Rate
6.5%
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
$2,154
Total Expenses
$6,841
Mortgage P&I
259%
$5,585
Property Taxes
14%
$311
Home Insurance
18%
$385
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0