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This property looks like a bad Long-Term investment with a projected -15.77% first-year return on $197k initial cash invested.
-15.77%
Cash On Cash
2.98%
Cap Rate
0.49
DSCR
$3,667
Rent
-$2,594
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,667 income − $6,261 expenses = $2,594 out of pocket
Investment Breakdown
|
Purchase Price
$940k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$197k
Downpayment
20%
$188k
Closing costs
1%
$9,400
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,667
Total Expenses
$6,261
Mortgage P&I
129%
$4,744
Property Taxes
6%
$235
Home Insurance
9%
$329
HOA
0%
$0
Property Management
10%
$367
CapEx
5%
$183
Vacancy
6%
$220
Maintenance
5%
$183
Other
0%
$0